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Creative Space with Exterior Signage
For Lease
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516 3rd St, Des Moines, IA 50309

Historic commercial space offers onsite parking, building signage, and convenient access to I-235.

Space Size1,408 SF
Days on Market11

Property Features for 516 3rd St

General Information

Standard status Active
Size 1,408 SF
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 516 3rd St Contact us

Office/Retail Space For Lease $8.50/SF/Yr

Floor
1
Size
1,408 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
Situated in the heart of Des Moines’ vibrant core, this property offers outstanding...
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Listing Agency: CBRE
Listed By: Bill Wright · License #S71622000
Source: Moodyscre
Added: Aug 14 Changed: Aug 17 Last Checked: Aug 23 at 8:00AM

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 4387-square-foot creative space at 516 3rd St provides a historic commercial setting in Des Moines’ core. The property offers exterior building signage, onsite parking, and character that may accommodate exposed elements. Its configuration is suited to creative or professional commercial occupancy, with potential relevance for boutique retail users as well.

Positioned on 3rd Street just south of Casey’s Center, the property benefits from visibility along the corridor and quick access to I-235. Restaurants, entertainment, and employment hubs are within walking distance, adding nearby amenities for occupants and visitors. The location combines a central urban setting with practical access and on-site parking.

Key Highlights

  • 4387 square feet of creative commercial space
  • Located at 516 3rd St in Des Moines, IA 50309
  • Onsite 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.

Lease Details

NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM

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
Rey
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Frequently Asked Questions

What type of property is this?
Creative space - Historic commercial space offers onsite parking, building signage, and convenient access to I-235.
Where is this creative space located?
The property is located at 516 3rd St Des Moines, IA.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: 4387 square feet of creative commercial space; Located at 516 3rd St in Des Moines, IA 50309; Onsite parking available
(515) 210-3050 Call to check price and availability
More about this property
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