For Sale
$1,500,000

101 Sheridan Ave Des Moines, IA 50310

39,164 SF Flex Space, Vacant, $1.5M

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 39,164-square-foot flex industrial property in Des Moines, Iowa, presents a compelling owner-user or investment opportunity. Located at 101 Sheridan Ave, this vacant property sits on a 2.292-acre lot and boasts three single-story buildings constructed in 1948. The property features 20-foot ceilings, two loading docks, and fourteen overhead doors, facilitating efficient material handling. The layout includes seven working bays equipped with a hoist and overhead doors, a wash bay (23' x 52' with a 16' x 16' overhead door), and a paint booth (23' x 52' with a 16' x 16' overhead door). A substantial 50' x 89' bay is also available, complete with a 5-ton hoist and a 16' x 14' overhead door. Multiple cranes with 2 to 5-ton capacities further enhance operational capabilities. The property also includes ample office space, comprising 16 large offices, a 1,148-square-foot showroom, and a 3,975-square-foot parts room. Its strategic location offers easy access to major transportation arteries, being just five minutes north of I-80 and four minutes south of I-235. The property is zoned Industrial (I-1), and an additional 0.69-acre lot to the south is also available for sale or lease, providing potential for expansion. Secure outdoor storage is also available on site. The asking price is $1,500,000, translating to $38.30 per square foot.

Highlights

  • 39,164 SF flex industrial property in Des Moines, IA, ideal for owner-users or investors.
  • Located at 101 Sheridan Ave on a 2.29-acre lot, with three single-story buildings (1948 construction).
  • Features 20' ceilings, two loading docks, fourteen overhead doors, seven bays with hoist, wash bay, paint booth, and a large 50' x 89' bay with 5-ton hoist.
  • Includes ample office space (16 offices, 1,148 SF showroom, 3,975 SF parts room), multiple cranes (2-5 ton capacity), and secure outdoor storage.
  • Excellent I-80/I-235 access; I-1 zoning; adjacent 0.69-acre lot available; $1,500,000 asking price ($38.30/SF).

Property Details for 101 Sheridan Ave

Property type
Industrial properties, Flex space
Square Feet
39,164 SF
Year Built
1948
Buildings
3
Stories
1
Lot Size (sq. ft)
99,840 SF

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.61860847
Longitude
-93.61943045

FAQs

What type of property is this?
Industrial property - 39,164 SF Flex Space, Vacant, $1.5M
Where is the industrial property located?
The property is located at 101 Sheridan Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 39,164 SF flex industrial property in Des Moines, IA, ideal for owner-users or investors.; Located at 101 Sheridan Ave on a 2.29-acre lot, with three single-story buildings (1948 construction).; Features 20' ceilings, two loading docks, fourteen overhead doors, seven bays with hoist, wash bay, paint booth, and a large 50' x 89' bay with 5-ton hoist.
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101 Sheridan Ave
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