Retail Storefront
855 17th St Des Moines, IA 50314
855 17th St, Des Moines, IA, 50314
Contact for pricing
For Sale
Contact for pricing
Pending
Retail storefront property offered for sale, sized at 3,520 square feet.
Property Size3,520 SF
Days on Market182
Property Features for 855 17th St
General Information
- Standard status
- Pending
- Size
- 3,520 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1870
Listing agency
The Siedenburg Group
(515) 223-6222
Listed by
Ryan Siedenburg · License #IA S63895000
Source
Crexi
Added: Jan 20 Updated: Jul 21 at 1:23PM Checked: Jul 21 at 1:23PM
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 The Siedenburg Group
Investment Insights
Based on property information with market context.
This property is a retail storefront space offered for sale. The building totals 3,520 square feet, providing a commercial footprint suited to a range of retail uses.
The asset is located at 855 17th St in Des Moines, Iowa. For-sale details are currently limited to the offering information provided.
Additional specifics on layout, condition, frontage, or existing improvements were not included in the supplied materials, so potential buyers should confirm those items during due diligence.
The asset is located at 855 17th St in Des Moines, Iowa. For-sale details are currently limited to the offering information provided.
Additional specifics on layout, condition, frontage, or existing improvements were not included in the supplied materials, so potential buyers should confirm those items during due diligence.
Key Highlights
- Retail storefront property for sale
- 3,520 SF retail space
- Built in 1870
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.8k | $15.00 |
| − Vacancy | −$4.0k | −$1.13 |
| EGI | $48.8k | $13.88 |
| − OpEx | −$14.7k | −$4.16 |
| NOI | $34.2k | $9.71 |
3,520 SF · lease $15.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$488.4K
$427.4K – $569.8K
NOI $34,188 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$866.9K
$758.6K – $1.01M
NOI $60,684 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Concepts In Design Inc.
Architect
Table Church Ministry ...
Church
Similar For Sale Nearby
Similar Off Market Nearby
- The Wild Orchid — 2415 Ingersoll Ave, Des Moines, IA 50312
- Irene's Flowers — 1151 25th St, Des Moines, IA 50311
FAQs
What type of property is this?
Storefront property - Retail storefront property offered for sale, sized at 3,520 square feet.
Where is this storefront property located?
The property is located at 855 17th St Des Moines, IA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Retail storefront property for sale; 3,520 SF retail space; Built in 1870
