$400,000
( $333.33Per Sq Foot )
 $2,147 est/mo Sourced by Back At You

620 NE Broadway Avenue , Des Moines, IA 50313

Des Moines, IA 50313

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Description

**Exceptional Commercial Property in Prime Des Moines Location** Discover a rare opportunity to own a prime commercial property at the corner of NE 7th & Broadway, offering maximum exposure in a high-traffic area of Des Moines, IA. This 1.7-acre site is perfectly situated within a vibrant mixed-use district, combining both commercial and residential possibilities, making it an ideal investment for savvy developers and investors. With prominent visibility from major thoroughfares and easy access to the crossroads of Interstates 80 and 35, this property is centered in a well-established neighborhood, ensuring a steady flow of potential customers. The location is perfect for long-term success, capitalizing on the growing demand for multifunctional spaces. Adding to the appeal, there is a residential home on-site that could be utilized as an office, providing immediate workspace or additional rental income. The immense potential for growth and profitability is evident, with the flexibility to develop various uses such as a convenience store, car sales, auto shop, office space, commercial retail, restaurant, lodging, gas station, group home, apartments, nursery, and much more. Don’t miss this unique opportunity to invest in a property with endless possibilities. Whether you’re looking to establish a new business or expand your portfolio, this site promises to deliver the visibility and accessibility you need for success.

Details

MLS#704485
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1940
Days On Site20
Listing Provided ByRealty ONE Group Impact | Carrie Webber

Features

SQ Feet1,200
ZoningMU
Acreage1.69

Market Activity 50313

The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Contact

Learn More About This Property

Julie Larson

Julie Larson

Coldwell Banker Distinctive Properties

S69824000 (515) 360-1297Contact Me Form Link
StateIA
CountyPolk
CityDes Moines
Zip Code50313
AreaDes Moines N.East
Listing VS Median (in 50313)
Price:
$400,000
low | high
Med:
$225,000
93.75% of Average
SqFt:
1,200
low | high
Med:
1,447
29.416666666667% of Average
$ / SqFt:
$333
low | high
Med:
$155
100% of Average
On Site:
20
low | high
Med:
51.000000
39.21568627451% of Average
Sourced by Back At You
Listing Updated: September 23, 2024 at 10:31:39 AM PDT
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