$1,200,000
( $44.89Per Sq Foot )
 $6,442 est/mo Sourced by Back At You

218 4th Street , Des Moines, IA 50309

Des Moines, IA 50309

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Description

Redevelopment opportunity in the heart of downtown Des Moines. Sitting between the old Java Joes Coffee and the Historic Hotel Kirkwood, this property produces income from a master lease with the Kirkwood HOA. With two floors above grade and 1 below, this property currently has 61 parking stalls. Total sqft of the garage is 26,733 and land area is 67x132. Opportunities are endless in being able to repurpose this building or tear down and rebuild into the downtown skyline.

Details

MLS#710092
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site68
Listing Provided ByEXIT Realty & Associates | Timothy Schutte

Features

SQ Feet26,733
ZoningC-3
Acreage0.20
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 2025 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

StateIA
CountyPolk
CityDes Moines
Zip Code50309
AreaDowntown
School DistrictDes Moines Independent
Elementary SchoolDes Moines Independent
Middle SchoolDes Moines Independent
High SchoolDes Moines Independent
Listing VS Median (In 50309)
Price:
$1,200,000
low | high
Med:
$357,400
100% of Average
SqFt:
26,733
low | high
Med:
1,487
100% of Average
$ / SqFt:
$45
low | high
Med:
$242
100% of Average
On site:
68
low | high
Med:
95.500000
71.204188481675% of Average
Sourced by Back At You
Listing Updated: March 21, 2025 at 8:41:53 PM PDT
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