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32754193

918 East Euclid Avenue, Des Moines, IA 50316 For Sale

AW
IA S59915000
Remax Concepts Commercial
Listed by Remax Concepts Commercial
$425,000
61 days on market
Updated 61 days ago

918 East Euclid Avenue

Details
Property Type Retail, Business for Sale
Sub Type Restaurant, Bar (+1)
Square Footage 1,944
Tenancy Vacant
Class C
Year Built 1938
Year Renovated 2014
Lot Size (SqFt) 13,916
Zoning MX3
Parking Spaces 18 spaces
Parking per 1,000 SqFt 9.26
Ground Lease No

Turn Key Restaurant/Tavern

Marketing description

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.

Investment highlights

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.

Listing Contacts

AW
IA S59915000
Remax Concepts Commercial
Listed by Remax Concepts Commercial

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Additional Information

Name
Adam Weltha
License
S59915000
Brokerage
Remax Concepts
Title
Broker Associate
Brokerage Address
7101 Vista Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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