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Mixed-Use Building on Historic Main Street

120 5th St, West Des Moines, IA 50265

For Lease
New
$6 SF/Yr

The property sits among independent shops, restaurants, and service businesses in an established commercial district.

Space Size1,190 SF - 1,540 SF
Property Size4,070 SF
Days on Market4

Property Features for 120 5th St

General Information

Standard status Active
Size 1,190 SF - 1,540 SF
Property subtype Retail
Lease Term NNN

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 4,070 SF
Year Built 1910

Spaces For Lease

at 120 5th St Contact us

Suite B (Street-Level Retail) $17/SF/Yr

Size 1,190 SF
Term Negotiable
Contact us

Suite C (Second-Level Office) $6/SF/Yr

Size 1,540 SF
Term Negotiable
Contact us
Listed By: Ben Brackett
Source: Fergusoncres
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 7:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ben Brackett

Rey
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Investment Insights

Based on property information with market context.

Constructed in 1910, this mixed-use property is located on 5th Street in Historic Valley Junction. The surrounding district includes 150 specialty shops, restaurants, and service businesses, with a focus on locally owned small businesses.

The property is five minutes from I-235 and less than ten minutes from Highway 5. On-site parking serves tenants and visitors.

Key Highlights

  • Built in 1910
  • Located among 150 specialty shops, restaurants, and service businesses
  • Five minutes from I‑235 and less than ten minutes from Highway 5

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mint L.A. Boutique Clothing & Fashion Store Curtis Architecture & Design ... Architect Becky Baker @ GEM ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Nail Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

529
Businesses Nearby

Demographics for 50265, IA

32,187
Population
15,104
Households
2.1
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
19.3 sq mi
ZIP Area
1,668
Density / Sq Mi
$84,588
Median Household Income
$49,785
Median Earnings
$1,065
Median Rent
$267,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Mixed-use properties in Polk County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property sits among independent shops, restaurants, and service businesses in an established commercial district.
Where is this mixed-use property located?
The property is located at 120 5th St West Des Moines, IA.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: Built in 1910; Located among 150 specialty shops, restaurants, and service businesses; Five minutes from I‑235 and less than ten minutes from Highway 5
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