218 4th Street, Des Moines, IA 50309
218 4th Street, Des Moines, IA 50309
218 4th Street, Des Moines, IA 50309
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$1,200,000
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8,842 Sqft Lot
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218 4th Street Des Moines, IA 50309

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Marc Olson

Marc Olson

+1(515) 291-7900

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 710092

HOA Y/N No

Year Built 1930

Annual Tax Amount $19,059

Lot Size 8,842 Sqft

Acres 0.203

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.

Location

State IA

County Polk

Area Downtown

Zoning C-3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Private Pool No

Building

Lot Description Rectangular Lot

Foundation Block

Schools

School District Des Moines Independent

Others

Tax ID 02001266000000

Monthly Total Fees $1, 588

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by EXIT Realty & Associates

NEARBY SCHOOL & BUSINESS

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Marc Olson

Marc Olson

Broker/Owner

+1(515) 291-7900

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