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Investment Highlights

  • Prime location just off I-235 with direct downtown access
  • Free on-site parking on a 15,000 SF lot
  • Strong surrounding demographics and traffic exposure
  • 6,176 SF commercial building with 19-foot ceilings
  • Ideal for retail, wellness, or professional office use
  • Excellent owner-user or investment opportunity

Executive Summary

Positioned just steps from downtown Des Moines and directly off I-235, 1251 Keosauqua Way presents a rare opportunity for owner-users or investors seeking a high-visibility, centrally located commercial asset. This 6,176-square-foot building sits on a generous 15,000-square-foot lot and offers free on-site parking—an increasingly rare amenity in urban cores.
The property’s 19-foot ceilings and open layout provide flexibility for a range of uses, from boutique retail and wellness centers to professional office space. Its location in one of Des Moines’ most connected corridors ensures consistent traffic exposure and ease of access for both customers and employees. The surrounding area is a vibrant mix of residential neighborhoods, business districts, and cultural landmarks, including proximity to Sherman Hill, East Village, and the Downtown core.
With strong surrounding demographics—over 11,800 residents within a one-mile radius and average household incomes nearing $77,000—the site is well-positioned to serve a growing and diverse customer base. The property’s strategic location and adaptable space make it an ideal candidate for businesses seeking a foothold in one of Iowa’s most dynamic urban markets.

Attachments

1251 Keo

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,176 SF
Building Class
B
Year Built
2010
Price
$3,335,532 CAD
Price Per SF
$540.08 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.35 AC
Zoning
C2
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100

Nearby Major Retailers

Bank of America
Starbucks
Caribou Coffee
Krystal
Tupelo Honey

Property Taxes

Property Taxes

Parcel Number
080/03614-006-000
Land Assessment
$23,446 CAD
Improvements Assessment
$0 CAD
Total Assessment
$23,446 CAD
  • Listing ID: 38256747

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 1251 Keosauqua Way, Des Moines, IA 50314

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