Description
WB Realty is proud to present this prime retail investment opportunity for sale in the heart of Des Moines, IA. Located just five blocks south of Grand View University and situated at a street corner that sees over 16,000 vehicles per day, this property has plenty of visibility and population density to maintain a loyal customer base. The laundromat business has produced a healthy cash-flow since the propertys renovation in 2019. New equipment was installed in 2019 and has been well-maintained. All equipment is included in the sale of the property. Additionally, there is 1,300 SF vacant and currently listed for lease. When leased, this additional rent provides significant value for a new owner.
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0BEDS
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0.89ACRES
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0BATHS
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01/2 BATHS
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3,763SQFT
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$359$/SQFT
Description
WB Realty is proud to present this prime retail investment opportunity for sale in the heart of Des Moines, IA. Located just five blocks south of Grand View University and situated at a street corner that sees over 16,000 vehicles per day, this property has plenty of visibility and population density to maintain a loyal customer base. The laundromat business has produced a healthy cash-flow since the propertys renovation in 2019. New equipment was installed in 2019 and has been well-maintained. All equipment is included in the sale of the property. Additionally, there is 1,300 SF vacant and currently listed for lease. When leased, this additional rent provides significant value for a new owner.