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Historic Office Building
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516 3rd St, Des Moines, IA 50309

Historic character, on-site parking, exterior signage, and convenient access to I-235 support professional workspace use.

Property Size9,560 SF
Days on Market10

Property Features for 516 3rd St

General Information

Standard status Active
Size 9,560 SF
Property subtype OFFICE
Listing Agency: CBRE
Listed By: Bill Wright · License #S71622000
Source: Moodyscre
Added: Aug 14 Changed: Aug 21 Last Checked: Aug 22 at 8:51AM

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 9,560-square-foot office building at 516 3rd St offers a historic character suited to creative agencies and professional services. The property includes on-site parking and exterior building signage, while the interior may accommodate exposed architectural elements for users seeking a distinctive workspace setting.

Positioned on 3rd Street in Des Moines, the property provides access to I-235 and sits south of Casey’s Center. Restaurants, entertainment venues, and employment hubs are within walking distance, adding convenient connections to the surrounding urban core. The building’s office configuration and character also support consideration by users seeking a central setting for creative or professional operations.

Key Highlights

  • 9,560‑square‑foot office building at 516 3rd St, Des Moines, IA 50309
  • Historic character with potential for exposed architectural elements
  • On‑site parking available

Property Analytics

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

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
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Frequently Asked Questions

What type of property is this?
Office building - Historic character, on-site parking, exterior signage, and convenient access to I-235 support professional workspace use.
Where is this office building located?
The property is located at 516 3rd St Des Moines, IA.
What are key features of this property?
This property features: 9,560‑square‑foot office building at 516 3rd St, Des Moines, IA 50309; Historic character with potential for exposed architectural elements; On‑site parking available
(515) 210-3050 Call to check price and availability
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