Vintage Short-Term Rental with
For Sale
$575,000
Pending
324 1st Street, West Des Moines, IA 50265
CommercialSale, West Des Moines, IA
Property SizeContact for details
Lot Size0.44 Acres
Days on Market478
Property Features for 324 1st Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
VJC
Elementary school district
West Des Moines
Middle school district
West Des Moines
High school district
West Des Moines
Directions
Take Railroad Ave, north on 1st St to property.
Subdivision
West Des Moines
Standard status
Pending
APN
32004525003000
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
-EX BEG NW COR LT 1 THN S 30.7F SELY 128.4F SE28.5F SE 20.1F N121.1F W 145F TO POB- LOTS 1,2, 3 & 4 BLK 15 1ST ADDITION TO VALLEY JUNCTION
Tax Annual Amount
5640
Legal Description
-EX BEG NW COR LT 1 THN S 30.7F SELY 128.4F SE28.5F SE 20.1F N121.1F W 145F TO POB- LOTS 1,2, 3 & 4 BLK 15 1ST ADDITION TO VALLEY JUNCTION
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating), Baseboard
Cooling system
Central Air
Water source
Public
Amenities
waiting room
kitchenette
bathroom
Building Details
Year built
1939
Building materials
Frame
Listing Agency:
Iowa Realty Mills Crossing
(515) 453-4300
Listed By:
Chris Schild
(515) 453-5747
Added: May 2, 2025
Changed: Aug 19
Last Checked: Aug 22 at 3:06PM
MLS# 717242
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.
Built in 1939, this frame property combines a four-bedroom vintage home currently operated as a VRBO with a separate office-oriented back building. The residence features vintage decor, while the secondary structure contains three office suites, a waiting area, kitchenette, and bathroom. A 22 x 24 outbuilding adds enclosed space for storage or workshop use.
The 0.442-acre property provides 15 private off-street parking spaces in addition to on-street parking. It is served by public water and public sewer and includes central air, forced-air and electric heating, baseboard heating, a fire and smoke alarm system, and sprinklers. Zoning is VJC with conditional CZ3 zoning. The property lies within the Historic Valley Junction Boundary of West Des Moines and is eligible for improvement and compliance funds.
The 0.442-acre property provides 15 private off-street parking spaces in addition to on-street parking. It is served by public water and public sewer and includes central air, forced-air and electric heating, baseboard heating, a fire and smoke alarm system, and sprinklers. Zoning is VJC with conditional CZ3 zoning. The property lies within the Historic Valley Junction Boundary of West Des Moines and is eligible for improvement and compliance funds.
Key Highlights
- Four‑bedroom home currently operated as a VRBO
- Separate back building with three office suites
- 22 x 24 outbuilding for storage or workshop use
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
Turnkey business
Opportunity
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
Explore this area
Business Placement
Demographics for 50265, IA
32,187
Population
15,104
Households
2.1
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
19.3 sq mi
ZIP Area
1,668
Density / Sq Mi
$84,588
Median Household Income
$49,785
Median Earnings
$1,065
Median Rent
$267,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Vintage lodging property with office suites, shared workspace amenities, and dedicated off-street parking.
Where is this short term rental property located?
The property is located at 324 1st Street West Des Moines, IA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Four‑bedroom home currently operated as a VRBO; Separate back building with three office suites; 22 x 24 outbuilding for storage or workshop use
