Mixed-Use Property with In-Unit
For Sale
Contact for pricing
1729 Grand Ave, Des Moines, IA 50309
The property pairs original architectural details with updated systems, kitchens, and in-unit laundry.
Property Size26,816 SF
Days on Market147
Property Features for 1729 Grand Ave
General Information
Standard status
Active
Size
26,816 SF
Property subtype
Mixed Use, Multifamily, Retail
Occupancy
93%
Amenities
original hardwood flooring
central HVAC
modernized electrical systems
updated kitchen packages
in-unit laundry
Building Details
Year Built
1919
Year Renovated
2020
Buildings
1
Stories
4
Units
45
Listing Agency:
MMGREAIA LLC
Listed By:
Shana Patrick · License #F6639000
Source:
Crexi
Added: Apr 6
Changed: Aug 29
Last Checked: Aug 29 at 1:33PM
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 MMGREAIA LLC
Investment Insights
Based on property information with market context.
The Argonne is a 45-unit mixed-use property within a 26,816-square-foot building constructed in 1919. Original hardwood floors and wood-frame windows retain the character of the structure, while central HVAC, upgraded electrical systems, refreshed kitchen packages, and in-unit laundry provide contemporary building and apartment features.
Located at 1729 Grand Ave in Des Moines, the property carries a property tax incentive package secured through 2042. The combination of historic construction, substantial system updates, and unit-level laundry defines the asset’s physical profile.
Located at 1729 Grand Ave in Des Moines, the property carries a property tax incentive package secured through 2042. The combination of historic construction, substantial system updates, and unit-level laundry defines the asset’s physical profile.
Key Highlights
- 45‑unit mixed‑use property
- 26,816‑square‑foot building constructed in 1919
- Original hardwood flooring and wood‑frame windows
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,357
Businesses Nearby
Explore this area
Business Placement
Demographics for 50309, IA
9,532
Population
7,562
Households
1.3
Avg Household Size
30
Median Age
67%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
3,530
Density / Sq Mi
$57,974
Median Household Income
$52,775
Median Earnings
$1,166
Median Rent
$286,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property pairs original architectural details with updated systems, kitchens, and in-unit laundry.
Where is this mixed-use property located?
The property is located at 1729 Grand Ave Des Moines, IA.
What are key features of this property?
This property features: 45‑unit mixed‑use property; 26,816‑square‑foot building constructed in 1919; Original hardwood flooring and wood‑frame windows
