4505 Douglas Ave Des Moines, IA 50310-2711

Property Details for 4505 Douglas Ave

Year built

1995

Construction

CONCRETE

Lot size

3.14 lot acres

Property size

13,019 SF

Zone code

C-2

Property type

Banks

APN

100/07376-001-000

APU

10007376001000

Description

This exceptional 8,824-square-foot executive office building, located at 4505 Douglas Ave in Des Moines, Iowa, presents a unique investment opportunity. Built in 1966 and extensively remodeled in 1995, the property boasts a Class B designation and sits on a substantial 3.14-acre lot (136,683 square feet), zoned MX1 – Mixed Use District, offering considerable flexibility for future development. The building's former use as a bank provides a solid foundation for a variety of executive office configurations. Its prime location offers excellent visibility and accessibility, with a daily traffic count of 17,500 vehicles on Douglas Avenue. The property is conveniently situated near a wealth of restaurants, retail establishments, and other amenities, ensuring a vibrant and convenient environment for tenants and employees. The asking price for this remarkable property is $1,400,000. This presents a compelling opportunity to acquire a well-maintained, strategically located office building with significant potential for growth and return on investment in the thriving Des Moines market. The property's size and zoning allow for diverse uses within the mixed-use district, making it an attractive prospect for both established businesses and forward-thinking investors. The substantial lot size also offers ample room for expansion or future development. This is a rare opportunity to acquire a significant commercial property in a desirable location.

Location Insight

City

Des Moines

County

Polk

State

Iowa

Longitude

-93.6795

Latitude

41.6305

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments