1. Iowa
  2. Des Moines
  3. 1501 E Euclid Avenue
$1,300,000

1501 E Euclid Avenue, Des Moines, IA 50316

  • 3,123 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1995
  • Property Lot Size Icon0.95acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $416/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Take advantage of this rare opportunity to own a stabilized single-tenant investment property in a high-visibility location along E Euclid Avenue. The building totals 3,132 square feet and is fully leased under a brand-new 10-year lease term, offering reliable cash flow and long-term tenant stability. Recent capital improvements include a new roof, HVAC system, grease trap, and updated site plan. The drive-thru has also been upgraded with new concrete, enhancing both functionality and curb appeal. Located in a high-traffic corridor with strong surrounding demographics, this property presents a turnkey investment with minimal near-term maintenance needs and a committed tenant in place.

Listing Status:
Active
Date Added:
July 14, 2025 at 05:00AM
Listing Office:
Stanbrough Realty Company : (515) 334-3345
Listing Agent:
Andrew McCune : (515) 402-1642
MLS ID:
722282
  • Originating MLS: DMAAR
  • County: Polk

This listing courtesy of Andrew McCune, Stanbrough Realty Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cattell Elementary School

3101 E 12th St, Des Moines, IA, 50316

Grades KG-5

0.38 miles away

H

Harding Middle School

203 E Euclid Ave, Des Moines, IA, 50313

Grades 6-8

0.89 miles away

N

North High School

501 Holcomb Ave, Des Moines, IA, 50313

Grades 9-12

1.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.