Active

2300 E 14th Street

Des Moines IA, 50316

$1,325,000


$352.11 per sqft

Active

3,763 sqft

Commercial

Built in 1998

WB Realty is proud to present this prime retail investment opportunity for sale in the heart of Des Moines, IA. Located just five blocks south of Grand View University and situated at a street corner that sees over 16,000 vehicles per day, this property has plenty of visibility and population density to maintain a loyal customer base.

The laundromat business has produced a healthy cash-flow since the property's renovation in 2019. New equipment was installed in 2019 and has been well-maintained. All equipment is included in the sale of the property.

Additionally, there is 1,040 SF vacant and currently listed for lease. When leased, this additional rent provides significant value for a new owner.

684506

MLS ID

October 27, 2023

Listed

July 4, 2024

Updated

Map

2300 E 14th Street
Des Moines IA, 50316

Interior Features

Interior Features

See Remarks


Appliances

See Remarks


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Gas, Natural Gas

Exterior/Building Features

Lot Size

0.89 Acres


Lot Features

Corner Lot


Roof

Rubber


Sewer

Public Sewer

School Information

School District

Des Moines Independent

Other Property Details

Area Name

Des Moines N.East


Taxes

$12,656


Tax Frequency

Annually


Days on Market

244


Garage

No


View

No


County

Polk


Water Source

Public


Pool

No


Zoning

MX1


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

2/28/2024

Price Change

$1,325,000

-2%

 

Courtesy of WB Realty Company, Guns, Matthew,
Listing Contact: (515) 966-5478 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Daniel Wandling shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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