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4600 SW 9th St

8,057 SF 100% Leased Office Building Des Moines, IA 50315 £606,399 (£75/SF)

Executive Summary

This two-story 9,100 sqft office building is for sale on .47 acres, along with 11,000 sqft building on adjacent .73 acre parcel. 1 acre total. Second building is in poor condition and best utilization may be as parking or a redevelopment opportunity. An additional half-acre may be available if needed. No existing leases in place. Improvements may be eligible for reimbursement of up to $30k through the Facade Improvement Program. 24,200 Vehicle Per Day.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
8,057 SF
Building Class
C
Year Built
1978
Price
£606,399
Price Per SF
£75
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
4,028 SF
Building FAR
0.39
Lot Size
0.47 AC
Zoning
MX-1 - a mixed-use zoning district for neighborhood-scale nodes and corridors.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
120-00087002001
Land Assessment
£92,329
Improvements Assessment
£161,185
Total Assessment
£253,514
  • Listing ID: 27719201

  • Date on Market: 09/02/2023

  • Last Updated:

  • Address: 4600 SW 9th St, Des Moines, IA 50315

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