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    333 5Th St West Des Moines, IA 50265

    For Sale
    $750,000

    Freestanding, fully equipped restaurant and event space in West Des Moines.

    Property size:
    7,000 SF
    Lot size:
    0.17 Acres

    Property Features for 333 5Th St

    General Information

    Size
    7,000 SF
    Lot size
    0.17 Acres

    Source: KW Commercial Agent Mick Grossman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant and Event Space

    Located in historic Valley Junction, 333 5th Street, West Des Moines, is a recently renovated, freestanding 7,000-square-foot building. The property operates as a modern restaurant and event space. The restaurant features a full working bakery and an exposed kitchen equipped with a wood-fired Grillworks grill and a state-of-the-art Hestan custom kitchen. The architectural design includes custom white oak built-in furniture, banquettes, custom tables, and Muuto Danish chairs and bar stools. The sale includes all equipment needed for immediate operations. The private event space includes a built-in bar, AV equipment, and storage, providing an additional revenue stream. The event space is heavily booked throughout 2024. This is a turnkey business opportunity to purchase an established and profitable restaurant without construction costs in a desirable Des Moines location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    St. Kilda Collective Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Sans Souci

    Location Insight

    • Map
    • Local Demand
    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.7084877
    Latitude
    41.5737625

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    FAQs

    What type of property is this?
    Restaurant - Freestanding, fully equipped restaurant and event space in West Des Moines.
    Where is this restaurant located?
    The property is located at 333 5Th St West Des Moines, IA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Turnkey, profitable restaurant business ready for immediate operation.; - Fully equipped, state-of-the-art Hestan custom kitchen featuring a wood-fired Grillworks grill.; - High-revenue private event space already heavily booked throughout 2024.
    (515) 771-3299
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    333 5Th St West Des Moines, IA 50265
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    333 5Th St West Des Moines, IA 50265
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