401 Army Post Rd Des Moines, IA 50315

This exceptional investment opportunity presents a 36,792 square foot, single-building health club situated on a generous 11.05-acre lot in Des Moines, Iowa. The property, located at 401 E. Army Post Road, boasts a poured reinforced concrete foundation and tilt-up concrete exterior walls, ensuring durability and longevity. Built in 1997, the facility includes a swimming pool (added in 2006) and an outdoor playground, adding to its appeal and potential for diverse uses. The flexible property is zoned PUD, opening doors for various development possibilities beyond its current configuration as a second-generation fitness center. The asking price is $2,800,000, translating to a price per square foot of $76.10. The property's substantial size and versatile zoning make it an attractive prospect for both experienced investors and those seeking a unique development project. The existing building features multiple rooms, providing ample space for a variety of fitness activities or potential repurposing. This is a rare chance to acquire a significant property in a desirable Des Moines location with considerable upside potential. The property's solid construction and expansive land offer a strong foundation for future growth and profitability. Its location in Polk County, Iowa, with a zip code of 50315, provides easy access to major transportation routes and a thriving community.