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Income Producing Parking Garage

218 4th Street Des Moines, IA 50309

218 4th Street, Des Moines, IA, 50309
$1,200,000
For Sale
$1,200,000

61-stall parking garage near Court Avenue District and skywalk.

Days on Market114

Property Features for 218 4th Street

General Information

Standard status
Active
Property subtype
Land
Listing Agency CBRE
Listed by Mike Macri, CCIM
Source Cbre
Added: Mar 25 Checked: Jul 16 at 3:34 am

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 CBRE


Investment Insights

Based on property information with market context.

This property features an existing 61-stall income-producing parking garage. It is connected to the skywalk via the Kirkwood Commons building. The property is located within walking distance of the Court Avenue District, the Polk County Court House, and the Des Moines Civic Center. The zoning is DX1 - Downtown District, allowing for potential high-rise development. The property is located next to the historic Court District.

Key Highlights

  • Income‑producing 61‑stall parking garage
  • Potential high‑rise development opportunity
  • Connected to skywalk via Kirwood Commons

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

AAA Home Services Waste Management Facility

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Furniture & Home Goods Veterinary Clinic (Bike/Boat/Book/etc) Store Acupuncture Fish Market Grocery & Convenience Store Mobile Phone Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - 61-stall parking garage near Court Avenue District and skywalk.
Where is this commercial land located?
The property is located at 218 4th Street Des Moines, IA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Income‑producing 61‑stall parking garage; Potential high‑rise development opportunity; Connected to skywalk via Kirwood Commons
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