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218 4th StreetDes Moines, IA 50309

Polk County

$1,200,000List price
26,733Sq Ft
1930Year built
0.20Acre lot
20 months agoOn market

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.

Property Information

Property type
Commercial Sale
Year built
1930
Building area
26,733 Sq Ft
Lot size
0.20 acres
Lot dimensions
67X132
Zoning
C-3
Days on market
614
MLS® Listing#
710092

Property Features

Cooling
None
Heating
None
Lot features
Rectangular Lot
Construction
Brick · Metal Siding
Foundation
Block

Financial Details

HOA
None
Annual taxes
$19,059
Parcel number
02001266000000

Directions

At Exit 8A, head right on the ramp for 3rd st toward Downtown Des Moines / Iowa Events Center / MERCY Keep left, heading toward 2nd Ave / lowa State Center Turn right onto 3rd st Turn right onto Walnut St Turn left onto 4th st Arrive at 4th st on the left

Listing Courtesy: EXIT Realty & Associates - (515) 253-3948

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Des Moines Area Association of REALTORS®. All Rights Reserved.
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