Listed by NAI Iowa Realty Commercial - Des Moines
$875,000
Hotel Stuart
Details
Property Type Retail, Mixed Use
Sub Type Commercial
Square Footage 5,130
Units 7
Class A
Year Built 1900
Year Renovated 2023
Historic Hotel Stuart (5 Apts, 2 Retail Units)
Marketing description
The historic Hotel Stuart has been lovingly renovated to offer guests the best of both worlds: modern amenities and luxurious accommodations in a charming historic setting. The Hotel Stuart has been a landmark in the community for over a century. The recent renovation has preserved much of the hotel's original character and charm, while adding modern amenities such as new HVAC, electrical, and plumbing systems, as well as beautifully appointed guest rooms and suites. The current configuration offers a variety of uses, with 2 first floor retail units and 5 apartment units of various sizes. Conveniently located off I80 just 30 minutes from West Des Moines.
Investment highlights
- Complete Renovation in 2023
- 5 Apartment Units
- 2 Retail Units
- First Floor Retail of 2,330 SF
- Located Across From Historic Train Depot (Event Center)
- Commercial Tenants - Separately Metered For Gas, Electric, Water
- Apartment Tenants Pay Electric, Landlord Pays Water
Listing Contacts
Listed by NAI Iowa Realty Commercial - Des Moines
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