2742 Hubbell Ave Des Moines, IA 50317-3066
This exceptional 2,152 square foot Class A office building, built in 2003, is available for $349,000. Located at 2742 Hubbell Avenue in Des Moines, Iowa, this single-story property sits on a 0.52-acre lot (22,767 square feet) and offers excellent visibility and accessibility. The building's MX1 Mixed Use District zoning allows for a variety of commercial uses, making it an ideal investment opportunity for retail, office, or service-oriented businesses. The property features 11 parking spaces and benefits from high traffic volume (8,900 vehicles per day in 2016). The building is currently vacant, presenting a blank canvas for a new owner to customize the space to their specific needs. Its former use as a bank provides a solid foundation and potentially desirable features. The property's address is 2742 Hubbell Ave, Des Moines, IA 50317, within Polk County. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Des Moines neighborhood. The property includes a drive-thru area, adding further potential for various business models.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Des Moines, IADes Moines. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.