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About This Home

This 0-bedroom, 0-bathroom single family at 5405 Douglas Avenue in Des Moines, IA is listed for $745,000. Built in 1975, on a 0.62 acres lot.

Agent 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.

Key Features

  • Built in 1975
  • 0.62 acre lot

Property Details

1975

Monthly Cost Estimate

$3,984/mo

20% down · 6.5% · 30 years

Principal$539
Interest$3,228
Insurance$217

Estimates only. Actual payments may vary.

Location

5405 Douglas Avenue

Des Moines, IA 50310

Questions & Answers

This 0-bedroom, 0-bathroom single family at 5405 Douglas Avenue is listed at $745,000. The estimated monthly payment is $3,228 based on 20% down at 6.5% interest.

Key features include: Built in 1975, 0.62 acre lot.

This property is listed by Michael TenHaken and can be reached at 5152084980 or michael@michael-tenhaken.com.

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MT

Michael TenHaken

Agent at RE/MAX Precision

(515) 208-4980

Listed by RE/MAX Precision

MLS# 734344· Source: listhub· Updated 57 days ago

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5405 Douglas Avenue, Des Moines, IA 50310

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