Income Producing Parking
For Sale
$1,200,000
218 4th Street, Des Moines, IA 50309
61-stall parking garage near Court Avenue District and skywalk.
Property SizeContact for details
Days on Market223
Property Features for 218 4th Street
General Information
Standard status
Active
Property subtype
Land
Site & Location
Neighborhood
Downtown Des Moines
Listing Agency:
CBRE
Listed By:
Mike Macri, CCIM
(515) 415-6120
Source:
Cbre
Added: Mar 25
Changed: Oct 31
Last Checked: Nov 1 at 3:52AM
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
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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
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Current Use
Location Intelligence
Trade Area within ½ mile
4,041
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
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Market
Vacancy Rate% for Retail in Des Moines, IA
Frequently Asked Questions
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
