Remarks

Gateway To Downtown Offers Rare Development Opportunity! The Des Moines cityscape is ever-expanding, and this location provides an opportunity to be on the cutting edge of its incredible growth! This income-producing property can help investors keep cash flowing during the planning and development stages, yet requires very little demo, a unique combination! Includes Keo Storage located at 1800 Keosauqua Way, Des Moines, IA 50314 combined with adjacent properties 1702, 1720, and 1818 Keosauqua Way. Keo Storage is a long-standing 169-unit self-storage facility w/ 70% occupancy. Low operating costs, combined with predictable cash flow, make this business attractive to investors while working through the planning process. 1702 Keosauqua Way is a 5548 sqft, 100% occupied warehouse/office combo. Occupied by a masonry company, this property offers the right combination of warehouse and office space that contractors are searching for. 1720 and 1818 Keosauqua Way are blank canvases, completing this portfolio and contributing to the 750+ feet of frontage on one of the most traveled stretches of pavement in the Des Moines Metro with over 7600 vehicles per day!

Details

MLS#: 704131
Price: $749,900

Style: Office
Bedrooms: 0
Baths Full: 0
Three Quarter Baths: 0
Baths Half: 0
Year Built: 1947

County: Polk
Tax Fee: 9181.3999999999996