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218 4th Street Des Moines, IA $ 1,200,000
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$ 1,200,000 Get more info
218 4th Street
$ 1,200,000
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Share Save

218 4th Street

Des Moines, IA, 50309
$ 1,200,000
Bedrooms-- Baths-- Sq 26,733

Monthly Estimate*

$ 7,486

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Commercial Property for sale in Des Moines, IA

for $1,200,000. This 26,733 square foot building was built in 1930 on a lot size of 0.203.

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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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 19,059

Style

Lot Size

0.203

Year Built

1930

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

710092
List By
Timothy Schutte

Listing Agent

Exit Realty & Associates

Broker

Timothy@SoldDesMoines.com

Email

Affordability Calculator

$9,075
Per Month
82%
18%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$1,588
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4324878 Elementary School
4324877 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/29/2025$1,200,000 Listed Price

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218 4th Street, Des Moines, IA, 50309 is a Commercial Property for sale at $1,200,000 with 26,733 sqft and a lot size of 0.203. 218 4th Street was built in 1930. The property's zip code is 50309 which is in Des Moines, IA

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