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918 E Euclid Ave 1,944 SF Retail Building Des Moines, IA 50316 $584,358 CAD ($300.60 CAD/SF)
Investment Highlights
- High Traffic area
- High income restaurant/tavern
- Open 20 Hrs/day
Executive Summary
Strategic Location & High-Value Real Estate
Asset-Rich Investment: Sale includes both the thriving hospitality business and the underlying prime commercial real estate, providing a strong asset-backed foundation.
High-Traffic Visibility: Situated on a heavily traveled main thoroughfare with exceptional street frontage, maximizing passive marketing and drive-by exposure.
Ample Dedicated Parking: Features a rare, expansive private parking lot, removing a major friction point for customers and ensuring seamless accessibility during peak hours.
Robust Financials & Turn-Key Operation
Strong Net Profitability: A historically lucrative operation boasting healthy margins and a proven track record of consistent cash flow.
True Turn-Key Opportunity: Fully equipped commercial kitchen, functional bar layout, updated POS systems, and all Furniture, Fixtures, and Equipment (FF&E) are included in the sale. Step in and profit from Day 1.
Asset-Rich Investment: Sale includes both the thriving hospitality business and the underlying prime commercial real estate, providing a strong asset-backed foundation.
High-Traffic Visibility: Situated on a heavily traveled main thoroughfare with exceptional street frontage, maximizing passive marketing and drive-by exposure.
Ample Dedicated Parking: Features a rare, expansive private parking lot, removing a major friction point for customers and ensuring seamless accessibility during peak hours.
Robust Financials & Turn-Key Operation
Strong Net Profitability: A historically lucrative operation boasting healthy margins and a proven track record of consistent cash flow.
True Turn-Key Opportunity: Fully equipped commercial kitchen, functional bar layout, updated POS systems, and all Furniture, Fixtures, and Equipment (FF&E) are included in the sale. Step in and profit from Day 1.
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
1,944 SF
Building Class
C
Year Built/Renovated
1938/2014
Price
$584,358 CAD
Price Per SF
$300.60 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.11 AC
Zoning
MX3
Parking
15 Spaces (7.72 Spaces per 1,000 SF Leased)
Frontage
84’ on Euclid Ave
Amenities
- Pylon Sign
- Signage
About 918 E EUCLID AVE , DES MOINES, IA 50316
Own the real estate and business of this iconic 1,944 SQFT **restaurant and tavern**. A community staple since 1938, this turnkey operation is strategically located on E. Euclid Avenue with a massive **16,900 AADT**. Currently open 20 hours a day, the business thrives by serving workers across all shifts in the surrounding industrial corridor. This rare opportunity includes all FF&E, offering vintage charm and proven profitability in a high-traffic location.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 110-02482003000 | Improvements Assessment | $56,368 CAD |
| Land Assessment | $219,973 CAD | Total Assessment | $276,341 CAD |
Property Taxes
Parcel Number
110-02482003000
Land Assessment
$219,973 CAD
Improvements Assessment
$56,368 CAD
Total Assessment
$276,341 CAD
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918 E Euclid Ave
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