About This Home

This 0-bedroom, 0-bathroom commercial at 218 4th Street in Des Moines, IA is listed for $1,200,000. Built in 1930, on a 0.20 acres lot.

Key Features

  • Built in 1930
  • 0.20 acre lot

Property Details

1930
Listing 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.

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

218 4th Street

Des Moines, IA 50309

Property Details

Construction

Brick MetalSiding

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 218 4th Street is listed at $1,200,000. The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.20 acre lot.

This property is listed by Timothy Schutte.

TS

Timothy Schutte

Agent at Exit Realty and Associates

Listed by Exit Realty and Associates · Broker phone: (515) 991-4204 · Broker website

MLS# 710092· Source: Des Moines Area Association of REALTORS®, Inc.· 656 days on PropertySimple

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

218 4th Street, Des Moines, IA 50309

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