Building Details

Year Built 1900

Year Renovated 1998

Buildings 1

Stories 2

Listing Agency: CBRE - Des Moines d***@cbre.com Show Phone

Listed By: Bill Wright · License #IA S33231000

Source: Crexi

Added: Feb 13 Changed: Aug 14 Last Checked: Aug 16 at 8:06AM

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Investment Insights

Based on property information with market context.

Located in the heart of Des Moines, this commercial property benefits from high visibility and traffic on 3rd Street, as well as convenient access to I-235. The property's historic charm offers potential for exposed elements, making it attractive to creative agencies, professional services, or boutique retail tenants. The location is within walking distance of various amenities, including restaurants, entertainment venues, and employment hubs. The property is suitable for creative space, office, and retail use.

Key Highlights

• High visibility and traffic on 3rd Street.
• Quick access to I‑235.
• Walking distance to restaurants, entertainment, and employment.

Property Analytics

Property Profile

Current Use

Juicebox (Bike/Boat/Book/etc) Store Kinetic Edge Physical ... Medical Clinic Beyond Recovery Massage, ... Alternative Medicine Practice Todd Calvin Schemper Physician SitelogIQ Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Fish Market Acupuncture Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,435

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

Market

Vacancy Rate% for Office in Des Moines, IA

15.9% 2023

20% 2024

16.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this creative space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Creative space - Commercial property in Des Moines' vibrant core with high visibility.

Where is this creative space located?

The property is located at 516 3rd St Des Moines, IA.

What are key features of this property?

This property features: High visibility and traffic on 3rd Street.; Quick access to I‑235.; Walking distance to restaurants, entertainment, and employment.