# 218 4th Street, Des Moines, IA 50309

> **TL;DR:** commercial, $1,200,000, built 1930. Est. $6,418/mo. Listed 657 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,200,000 |
| Year Built | 1930 |
| Lot Size | 8,843 sqft (0.20 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 657 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,068 |
| Estimated Insurance | $350 |
| **Total** | **$6,418** |

## Property Highlights

- Built in 1930
- 0.20 acre lot

## Description

### Agent 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

- **Address:** 218 4th Street, Des Moines, IA 50309
- **County:** Polk
- **Coordinates:** 41.585749, -93.622285
- **Google Maps:** https://www.google.com/maps?q=41.585749,-93.622285

## Listing Agent

- **Name:** Timothy Schutte
- **Brokerage:** Exit Realty and Associates
- **Broker Phone:** (515) 991-4204

## Photos

![218 4th Street - Photo 1](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f3151580776r.jpg)

![218 4th Street - Photo 2](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f150678804r.jpg)

![218 4th Street - Photo 3](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f688140339r.jpg)

![218 4th Street - Photo 4](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f299218323r.jpg)

![218 4th Street - Photo 5](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f1273087422r.jpg)

![218 4th Street - Photo 6](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f1302865847r.jpg)

![218 4th Street - Photo 7](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f2130287652r.jpg)

![218 4th Street - Photo 8](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f5026566r.jpg)

![218 4th Street - Photo 9](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f3780689215r.jpg)

![218 4th Street - Photo 10](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f2606217000r.jpg)

![218 4th Street - Photo 11](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f2686034764r.jpg)

![218 4th Street - Photo 12](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f852030817r.jpg)

![218 4th Street - Photo 13](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f757947652r.jpg)

![218 4th Street - Photo 14](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f1700044039r.jpg)

![218 4th Street - Photo 15](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f4255790963r.jpg)

![218 4th Street - Photo 16](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f3588989854r.jpg)

![218 4th Street - Photo 17](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f2196451124r.jpg)

![218 4th Street - Photo 18](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f1228316522r.jpg)

![218 4th Street - Photo 19](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f1937616123r.jpg)

![218 4th Street - Photo 20](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f410299177r.jpg)

![218 4th Street - Photo 21](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f3027165431r.jpg)

![218 4th Street - Photo 22](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f320474951r.jpg)

![218 4th Street - Photo 23](http://lh.rdcpix.com/4abd4b3cc1621deac9587e83a8dcc84al-f3899673582r.jpg)

---

**MLS#:** 710092 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Des Moines Area Association of REALTORS&#174;, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/218-4th-street-des-moines-ia-50309-9d63e353483f4d57878ec5c2c9ef9425)

---

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