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218 4th St
Des Moines, IA 50309
Specialty Property For Sale · 26,733 SF

Investment Highlights

  • Zoning: DX1 - Downtown District
  • Located next to historic Court District
  • Potential High-Rise Development
  • Adjacent to Historic Kirkwood Commons Condominium (former Kirkwood Hotel)

Executive Summary

The current structure produces $6100 per month in Gross Revenue ($73,200 per year).

Property Facts

Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
  • Deferred Maintenance
  • Redevelopment Project
  • Building in Shell Condition
Property Type Specialty
Property Subtype Parking Garage
Building Class C
Lot Size 0.20 AC
Building Size 26,733 SF
No. Stories 3
Year Built 1930
Parking Ratio 2.28/1,000 SF
Zoning DX1 - DX1 zoning in Downtown Des Moines

Amenities

  • Controlled Access
  • Signage
  • Wheelchair Accessible
  • Fiber Optic Internet

Property Taxes

Property Taxes

Parcel Number
020-01266000000
Land Assessment
$664,770 CAD
Improvements Assessment
$84,806 CAD
Total Assessment
$749,576 CAD
  • Listing ID: 33087695

  • Date on Market: 2024-09-06

  • Last Updated:

  • Address: 218 4th St, Des Moines, IA 50309

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