218 4th Street, Des Moines, IA 50309

$1,200,000
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List Price
$1,200,000
Status
ACTIVE
Days on Market
607
MLS#
710092
Subtype
Commercial Sale
Year Built
1930
Lot Size
8,844
Acres
0.20
MLS Area Major
Downtown
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Property Description

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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Additional Information

Taxes
$19,059
Zoning
C-3
Heating
None
Air Conditioning
None
Foundation
Block
School District
Des Moines Independent
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Calculator source: Real Geeks

Listing courtesy of Timothy Schutte with EXIT Realty & Associates

Data courtesy of the Des Moines Area Association of REALTORS