For Sale
$450,000

4900 Franklin Ave Des Moines, IA 50310

Vacant 3,100 SF, Value-Add Potential

Overview

Added:
Dec 11, 2024
Days on market:
130
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.

Highlights

  • 3,234 SF mixed-use building on a 0.24-acre lot in Des Moines, IA.
  • 3,100 SF of net rentable space, currently vacant.
  • Class B building, built in 1960, renovated in 2003, with MX1 zoning.
  • Asking price: $450,000 ($139.15/SF).
  • Ample parking available.

Property Details for 4900 Franklin Ave

Property type
Retail properties, Mixed-use properties
Square Feet
3,234 SF
Class
B
Year Built
1960
Buildings
1
Stories
1
Lot Size (sq. ft)
10,716 SF

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.6109856
Longitude
-93.6851837
4900 Franklin Ave, Des Moines, Iowa

FAQs

What type of property is this?
Retail property - Vacant 3,100 SF, Value-Add Potential
Where is the retail property located?
The property is located at 4900 Franklin Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,234 SF mixed-use building on a 0.24-acre lot in Des Moines, IA.; 3,100 SF of net rentable space, currently vacant.; Class B building, built in 1960, renovated in 2003, with MX1 zoning.
How can I contact the broker?
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4900 Franklin Ave
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