Five-Suite Office
For Sale
$200,000
1964 Indianola Avenue, Des Moines, IA 50315
CommercialSale, Office, Des Moines, IA
Property Size2,000 SF
Lot Size0.17 Acres
Price / SF$100
Days on Market282
Property Features for 1964 Indianola Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Com
Elementary school district
Des Moines Independent
Middle school district
Des Moines Independent
High school district
Des Moines Independent
Directions
Take Freeway 235 to downtown exit to 3rd Street to the corner of Hillside and Indianola Avenue to business.
Subdivision
Des Moines S.East
Standard status
Active
APN
02003002000000
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E82F N 94F LT 21 LESS ST OP W 1/2 S OF D M RIVER SEC 10-78-24
Tax Annual Amount
1912
Legal Description
E82F N 94F LT 21 LESS ST OP W 1/2 S OF D M RIVER SEC 10-78-24
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1934
Building materials
Frame
Architectural style
Other
Listing Agency:
Iowa Realty South
(515) 453-6300
Listed By:
Joseph G. Henry
(515) 453-5576
Added: Nov 20, 2025
Changed: Aug 19
Last Checked: Aug 29 at 11:06AM
MLS# 730782
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial office property contains 2,000 square feet of finished space arranged among five business suites. The building was constructed in 1934 with frame construction and is configured for office occupancy. Central air conditioning and forced-air heating supported by natural gas serve the interior.
The property is located in Des Moines within ZIP Code 50315 and carries Com zoning. Public water and public sewer are available, providing established municipal utility service for the building.
The property is located in Des Moines within ZIP Code 50315 and carries Com zoning. Public water and public sewer are available, providing established municipal utility service for the building.
Key Highlights
- 2,000 square feet of finished office space
- Five business suites within the building
- Com zoning designation
Property Analytics
Property Profile
Current Use
Lease Details
5
Office units
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
Explore this area
Business Placement
Demographics for 50315, IA
36,693
Population
16,579
Households
2.2
Avg Household Size
36
Median Age
18%
College-Educated
87%
High-School Grad
10.3 sq mi
ZIP Area
3,562
Density / Sq Mi
$62,036
Median Household Income
$41,311
Median Earnings
$977
Median Rent
$164,000
Median Home Value
Market
Vacancy Rate% for Office in Des Moines, IA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Commercial office property with multiple finished suites, central air, forced-air heat, and public utilities.
Where is this office units located?
The property is located at 1964 Indianola Avenue Des Moines, IA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 2,000 square feet of finished office space; Five business suites within the building; Com zoning designation
