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1433 Walnut St
Des Moines, IA 50309
 REDEVELOPMENT | 6.65% CAP · Retail Property For Sale

Retail Buildings Iowa Des Moines 1433 Walnut St, Des Moines, IA 50309

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INVESTMENT HIGHLIGHTS

  • Walking distance to Exile Brewing Company
  • Part of the Western Gateway District

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,628 SF
Building Class
C
Year Built/Renovated
1948/2020
Price
$1,931,378 CAD
Price Per SF
$343.17 CAD
Cap Rate
6.65%
NOI
$128,343 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.68
Lot Size
0.19 AC
Zoning
C-3A - DX2 Downtown District
Parking
10 Spaces (1.77 Spaces per 1,000 SF Leased)
Frontage
148’ on Walnut St

AMENITIES

  • Air Conditioning

PROPERTY TAXES

Parcel Number 020-01736001000 Improvements Assessment $1,020,153 CAD
Land Assessment $382,381 CAD Total Assessment $1,402,534 CAD

PROPERTY TAXES

Parcel Number
020-01736001000
Land Assessment
$382,381 CAD
Improvements Assessment
$1,020,153 CAD
Total Assessment
$1,402,534 CAD
 

  • Listing ID: 31380689

  • Date on Market: 2024-02-16

  • Last Updated:

  • Address: 1433 Walnut St, Des Moines, IA 50309

The Downtown Des Moines Retail Property at 1433 Walnut St, Des Moines, IA 50309 is currently available. Contact Cushman & Wakefield | Iowa Commercial Advisors for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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