4900 Franklin Ave Des Moines, IA 50310-1901
- Investment properties
- 3,234 SF
- 0.25 lot acres
Oct 27, 2024
Current Use by Public Records
- Robert S. Marion, DC / Chiropractor
- Robert Marion DC / Chiropractor
- Food Marketing Services / Marketing Agency
Property Details for 4900 Franklin Ave
- Year built
- 2003
- Construction
- FRAME
- Lot size
- 0.25 lot acres
- Property size
- 3,234 SF
- Zone code
- C-0
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 100/05038-009-000
- APU
- 10005038009000
Description
This exceptional mixed-use property, located at 4900 Franklin Ave in Des Moines, Iowa, presents a compelling investment opportunity. The 3,234 square foot building, situated on a 0.246-acre lot, offers 3,100 square feet of net rentable space and is currently vacant, allowing for immediate customization. Built in 1960 and renovated in 2003, the Class B building retains its mid-century charm while offering significant value-add potential. The property's zoning is MX1, and it boasts a prime location in the growing Beaverdale neighborhood. The interior layout includes a spacious waiting room, reception area, large office, thirteen additional rooms, a kitchenette, and multiple storage areas. The asking price is $450,000, translating to $139.15 per square foot. Ample parking is available, adding to the property's appeal. This owner-user opportunity is ideal for an entrepreneur seeking a unique space with significant upside potential in a desirable Des Moines location. The property's history as a chiropractic clinic provides a solid foundation for a variety of potential uses. Its central location and mid-century character combine to create a truly distinctive investment prospect.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6852
- Latitude
- 41.6109
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA