Amazing location for this Street-front retail condo ideally situated within blocks of the Des Moines Pier, Marina and Beach Park. This small mixed-use building has 16 residential condos above the street front retail with ample curbside and covered parking for customers and residents. The well maintained Pier View Condominium Complex… Read More was built in 2002 with a private lobby, elevator and outside gated stair access. This condo is fully leased with 7 years left on a 10-year lease with annual 3% rent increases beyond the 2023 base year. Tenant pays all expenses including HOA increases and property taxes above the Base year. Located South and East of the Des Moines Park Conservation Area and within very close proximity to the Des Moines Marina. Read Less
Listing courtesy of Real Broker LLC 855-450-0442
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Commercial Industrial
Lot Size
0.34 Acres
Year Built
2002
Property Tax
$3,758
MLS Number
2531566
30 Days Snapshot Of 98166
$1.03M
+1%
(avg) sold price
29
+93%
homes sold
42
+7%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Number Of Units Total: 1, Structure Type: "Unspecified", Year Built: 2002
Expenses
Other Expense: 5225
Exterior Features
Exterior Features: "Cement/Concrete", "Stucco"
Fireplaces
Fireplaces Total: 0
Floors
Flooring: "Carpet"
Foundation
Foundation Details: "Poured Concrete", "Slab"
Home Owner's Association
Association Fee Frequency: Monthly, Association Fee: $224
Income
Net Operating Income: 27355, Year Value Assessed: 2025
Lot
0 acres, 15000 square feet
Parking
Parking Total: 0
Property
Property Condition: "Very Good"
Roof
Roof: "Torch Down"
Sewer
Sewer: "Sewer Connected"
Utilities
Power Production Type: "Electric", Water Source: "Public"
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The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
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The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
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