Presenting an investment opportunity at 3810 38th Street, Des Moines, IA. This 3,000 square foot building, constructed in 1960, offers a versatile layout featuring four distinct units, ideally suited for retail or street-level retail ventures. Zoned RX1, the property benefits from a strategic location within Des Moines, providing excellent visibility and accessibility. The building’s solid construction and multi-unit configuration present flexible options for investors seeking to capitalize on the area’s robust retail demand. Notably, the property features a recently installed new roof, enhancing its long-term value.

Property Highlights and Market Demographics

This property boasts a unique blend of retail and residential components, comprising two offices and two apartments alongside the retail units. The 3,000 square foot building sits on a 7,696 square foot lot, offering plenty of space for various business models. The offering summary details a sale price of $305,000, presenting an attractive entry point for investors. The surrounding demographics highlight a strong market, with average household incomes ranging from $92,279 to $102,084 within a one-mile radius, and a densely populated area with over 14,000 residents. This combination of strong demographics and a versatile property makes 3810 38th Street a promising investment for those seeking to capitalize on Des Moines’ thriving market.