Pat Beck

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218 4th StreetDes Moines, IA 50309

Commercial · 26,733 Sq. ft. | 0.20 Acres
$1,200,000 Active

218 4th Street Overview

Time on Site:
532 days
Visits:
473

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.

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218 4th Street Facts & Features

  • Type Commercial
  • Sq. ft. 26,733
  • Price/Sq.ft. $45
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Des Moines Independent

Building Information

  • Year Built: 1930

Location/Region

  • County Or Parish: Polk
  • MLS Area Major: Downtown
  • Postal City: Des Moines

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 19059.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 02001266000000
  • Property Type: Commercial Sale
  • Zoning: C-3

Interior

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0

Building Interior

  • Building Area Total: 26733.0

General Information

  • Foundation Details: Block

Exterior

Lot Information

  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.203
  • Lot Size Area: 0.203
  • Lot Size Dimensions: 67X132
  • Lot Size Square Feet: 8844.0
  • Lot Size Units: Acres
  • Road Surface Type: Concrete

Building Exterior/Construction

  • Construction Materials: Brick,Metal Siding

218 4th Street Neighborhood

Community

50309 (Des Moines) Demographics

30
Median Age
2,742
Population Density (per sq. mile)
68%
College Educated
$50,549
Estimated Median Income
587
Estimated Total Home Owners
5,047
Estimated Total Renters
10% / 90%
Estimated Owner / Renter Divide
1
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

218 4th Street Monthly Cost

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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

218 4th Street Market Data

Based on the last 30 days in this zip code

$343,588
Average List Price
$258
Average Price per Square Foot
0
Properties Sold
166
Average Days on Market
101
Properties for Sale
Calculations provided by Reliance Network

218 4th Street History

Date Event Value Agent
1/13/2025Source: Des Moines Area Added to Database
January 13, 2025
Listing provided courtesy of EXIT Realty & Associates- MLS# 710092MLS ProviderContact Information: (515) 253-3948