Restaurant Space with
New
For Lease
Contact for pricing
212 E 3rd St, Des Moines, IA 50309
Existing restaurant improvements include a commercial kitchen, bar, and indoor dining area.
Space Size3,025 SF
Days on Market5
Property Features for 212 E 3rd St
General Information
Standard status
Active
Size
3,025 SF
Property subtype
RETAIL
Lease Type
NNN
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Patio
Yes
Additional Details
Space Use
Restaurant
Spaces For Lease
at 212 E 3rd St
Restaurant Space For Sub Lease
$33.18/SF/Yr
Floor
1
Size
3,025 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
Yes
Property Highlights
• Second generation restaurant space – existing buildout
• Commercial kitchen with hood
• Grease interceptor in place
• Interior dining, bar and modern finishes
• Small outdoor patio
• Beautifully restored historic building
• High foot traffic location in Des Moines’ vibrant East Village
• Surrounded by dining, retail, residential and entertainment
Contact us
Listing Agency:
KW Commercial
(515) 771-3299
Listed By:
Mick Grossman · License #S43534000
(515) 334-4900
Source:
Moodyscre
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:35PM
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
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Investment Insights
Based on property information with market context.
This 3,025-square-foot restaurant space at 212 E 3rd St features an existing restaurant buildout with a commercial kitchen and hood, grease interceptor, indoor dining area, and bar. The space also includes a small outdoor patio and is located in a restored historic building.
The property is in Des Moines’ East Village, an area described as having high pedestrian activity and a mix of dining, retail, residential, and entertainment uses.
The property is in Des Moines’ East Village, an area described as having high pedestrian activity and a mix of dining, retail, residential, and entertainment uses.
Key Highlights
- 3,025‑square‑foot restaurant space with existing buildout
- Commercial kitchen with hood and grease interceptor in place
- Interior dining area and bar, plus a small outdoor patio
Property Analytics
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Current Use
Lease Details
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
$4.98 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,628
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Des Moines, IA
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant improvements include a commercial kitchen, bar, and indoor dining area.
Where is this conventional restaurant located?
The property is located at 212 E 3rd St Des Moines, IA.
What is the lease rate?
The lease rate is $33.18 SF/Yr.
What are key features of this property?
This property features: 3,025‑square‑foot restaurant space with existing buildout; Commercial kitchen with hood and grease interceptor in place; Interior dining area and bar, plus a small outdoor patio
