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Property profile & analytics
OFF-MARKET
Retail space

2650 Easton Blvd Des Moines, IA 50317-6122

3,101 SF 0.09 ac lot Built 1992
Individually Owned 18-yr Hold Free & Clear
Property ID
US25-0279486
Property summary
AI-generated overview

Exceptional opportunity to acquire a well-maintained 1,654 square foot storefront located at 2650 Easton Boulevard in Des Moines, Iowa. This single-story, 1916-built building sits on a 12,058 square foot lot and is zoned C-0. The property features a spacious lobby with newer carpeting, a designated office area with a reception window, a large main room with hardwood floors, and two additional private offices or storage areas, plus a bathroom. A recently waterproofed lower level, complete with a new sump pump, offers three rooms currently used for storage. The sale includes over 6,000 square feet of paved parking to the west, partially fenced and featuring lighting. Recent improvements include exterior painting (2022) and a new sidewalk (2021). Previously used as a dance studio for over 45 years, this versatile space is ideally suited for a variety of uses, including a fitness center (mirrors included), or could be easily adapted for office space. Its prime location on a main street near the busy Easton/Hubbell intersection offers easy access to downtown Des Moines and surrounding suburbs. The asking price is $179,500, with a price per square foot of $108.52. This property presents a rare chance to own a well-established commercial building in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1992
Construction FRAME
Total area 3,101 SF
Lot 0.09 ac (3,852 SF)
Zoning code C-0
APN 060/01298-002-000
UPID US25-0279486
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Charlene's Dance Studio Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Clara M Formaro · 18 yrs held
Clara M Formaro
since 2007
2 recorded transactions
2025
Price N/A
2007
Price N/A
Zoning & alternative use
C-0 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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