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Investment Highlights

  • Highly visible site along Martin Luther King Jr. Parkway, a major urban thoroughfare.
  • Convenient access to downtown Des Moines and major employment centers.
  • Surrounded by single-family neighborhoods, multi-family housing, and hospitality venues.
  • Strong connectivity to regional road networks and high traffic volumes.

Executive Summary

Located in the dynamic core of Des Moines, this property offers a rare opportunity to develop or invest in a mixed-use site with exceptional visibility from Martin Luther King Jr. Parkway. Positioned between 10th and 11th Streets, the parcel benefits from strong connectivity to key commercial hubs and high-traffic corridors. Its placement near established single-family homes, multi-family developments, and expanding retail and hospitality destinations enhances its potential for long-term value and multi-tenant leasing strategies.
The surrounding area has seen significant investment in residential and commercial growth, creating continuous demand for retail, office, and entertainment options. Businesses operating here will benefit from immediate proximity to downtown employment centers, major arterial routes, and a vibrant urban community. With its prominent positioning and development flexibility, this site represents an attractive option for both investors and owner-users seeking a foothold in one of Des Moines’ most active corridors.

Property Facts

Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Land Area 1.63 AC

Properties

Property Name / Address Property Type Size Individual Price
1000 Cherry St, Des Moines, IA 50309 Land 1.00 AC -
12 10th St, Des Moines, IA 50309 Land 0.43 AC -
1024 Cherry St, Des Moines, IA 50309 Land 0.20 AC -
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  • Listing ID: 41224000

  • Date on Market: 2026-07-09

  • Last Updated:

  • Address: 10 Street & Cherry Street, Des Moines, IA

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