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Retail Building Near University
For Sale
Contact for pricing
Pending

3011 Forest Ave, Des Moines, IA 50311

Retail building near Drake University, offering a walkable, campus-adjacent setting within the historic Drake neighborhood.

Property SizeContact for details
Days on Market141

Property Features for 3011 Forest Ave

General Information

Standard status Pending
Property subtype Retail, Mixed Use
Listing Agency: KW Commercial Greater Des Moines
Listed By: Mick Grossman · License #IA S43534000
Source: Crexi
Added: Apr 12 Changed: Aug 13 Last Checked: Aug 29 at 2:50AM

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 KW Commercial Greater Des Moines

Investment Insights

Based on property information with market context.

This retail building is situated in the historic Drake neighborhood. The property is described as being within walking distance to what Drake University has to offer.

The location is further characterized as being just minutes from surrounding amenities, supporting convenient access for day-to-day operations.

As a retail property, the building is intended to serve commercial retail uses, with its primary siting tied to the university-area demand profile.

Key Highlights

  • Retail building near Drake University
  • Located in the historic Drake neighborhood
  • Walkable, campus‑adjacent setting to Drake University

Property Analytics

Current Use

The Apothecary Dispensary (Bike/Boat/Book/etc) Store Shred Nations Recycling Center

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply HVAC Service Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

569
Businesses Nearby

Demographics for 50311, IA

14,782
Population
7,180
Households
2.1
Avg Household Size
30
Median Age
41%
College-Educated
94%
High-School Grad
2.6 sq mi
ZIP Area
5,685
Density / Sq Mi
$63,233
Median Household Income
$35,086
Median Earnings
$1,019
Median Rent
$228,000
Median Home Value

Market

Vacancy Rate% for Retail in Des Moines, IA

5% 2019
8.4% 2020
5.8% 2021
6.2% 2022
6.1% 2023
6% 2024
5.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building near Drake University, offering a walkable, campus-adjacent setting within the historic Drake neighborhood.
Where is this retail space located?
The property is located at 3011 Forest Ave Des Moines, IA.
What are key features of this property?
This property features: Retail building near Drake University; Located in the historic Drake neighborhood; Walkable, campus‑adjacent setting to Drake University
(515) 334-4900 Call to check price and availability
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