$699,990
( $297.36Per Sq Foot )
 $3,758 est/mo Sourced by Back At You

5405 Douglas Avenue,Des Moines, IA 50310

Des Moines, IA 50310

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Description

Exceptional investment/business opportunity located just blocks from Merle Hay mall and the highly anticipated new 3500 seat multi-use arena (home to Drake Hockey & Iowa Demon Hawks). The 2354 ft structure could be turn key fast casual, coffee, or special retail. Features newer grease traps and a drive-thru. Also, all stainless prep tables, hoods, appliances, and cooler stay. High visibility frontage on Douglas Ave corridor boasts 12,600 cars daily. The massive 56 million dollar Merle Hay Mall redevelopment project is transforming this neighborhood into a premier regional entertainment destination for long term value appreciation. All information obtained from seller and public record.

Details

MLS #734344
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1975
Days On Site192
Listing Provided ByRE/MAX Precision | Michael TenHaken

Features

SQ Feet2,354
ZoningMX3
Acreage0.62

Taxes

Tax Annual Amount12121.81

Area Information

StateIA
CountyPolk
CityDes Moines
Zip Code50310
AreaDes Moines N.West
Listing VS Median (in 50310)
Price:
$699,990
low | high
Med:
$249,000
100% of Average
sqft:
2,354
low | high
Med:
1,084
100% of Average
$ / sqft:
$297
low | high
Med:
$230
72.752454713507% of Average
On site:
192
low | high
Med:
5
100% of Average
Sourced by Back At You

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The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

StateIA
CountyPolk
CityDes Moines
Zip Code50310
AreaDes Moines N.West
Listing VS Median (in 50310)
Price:
$699,990
low | high
Med:
$249,000
100% of Average
sqft:
2,354
low | high
Med:
1,084
100% of Average
$ / sqft:
$297
low | high
Med:
$230
72.752454713507% of Average
On site:
192
low | high
Med:
5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $524K - $874K
sqft: 1,500 - 2,500
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3112 52nd Street Property Photo 1
$199,500
3112 52nd Street
Des Moines, IA 50310
Listing Updated: August 18, 2026 at 12:40:53 PM PDT
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