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    310 Court Ave Des Moines, IA 50309

    Sponsored
    For Sale
    $1,900,000

    Prime Downtown Restaurant/Bar Space

    Property size:
    7,999 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This iconic 7,999 square foot vacant property, located at 310 Court Ave in Des Moines, IA, is available for $1,900,000 ($237.53/sq ft). Previously home to a beloved Des Moines establishment, this space offers a unique opportunity for a restaurant or bar concept. Situated in the heart of the Historic Court District, it benefits from exceptional visibility and proximity to major attractions including the Civic Center, Wells Fargo Arena, Principal Park, Lauridsen Amphitheater, the Farmers' Market, and numerous residential areas. The property boasts ample space, including a sizable kitchen, a large dining area, and an outdoor patio, perfect for creating a vibrant and memorable guest experience. Its prime location within the bustling Downtown Des Moines area ensures high foot traffic and visibility, making it an ideal location to capitalize on the thriving local community and tourist traffic. The space is ready for immediate occupancy, presenting a rare chance to establish a successful business in a highly desirable location. This is a remarkable opportunity to own a piece of Des Moines history and create a new chapter for this well-known property. The property is vacant and ready for your vision.

    Property Features for 310 Court Ave

    General Information

    Property type
    Restaurants
    Square Feet
    7,999 SF

    HighLights

    • 7,999 SF vacant building at 310 Court Ave, Des Moines, IA, available for $1,900,000 ($237.53/SF).
    • Suitable for restaurant or bar use.
    • Located in the Historic Court District with high visibility and proximity to major attractions (Civic Center, Wells Fargo Arena, Principal Park, etc.).
    • Features a large kitchen, dining area, and outdoor patio.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Des Moines Roofing ... Roofing Contractor

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Clothing Store Daycare Center Building Supply Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6208181
    Latitude
    41.5850045

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    FAQs

    What type of property is this?
    Restaurant - Prime Downtown Restaurant/Bar Space
    Where is this restaurant located?
    The property is located at 310 Court Ave Des Moines, IA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 7,999 SF vacant building at 310 Court Ave, Des Moines, IA, available for $1,900,000 ($237.53/SF).; Suitable for restaurant or bar use.; Located in the Historic Court District with high visibility and proximity to major attractions (Civic Center, Wells Fargo Arena, Principal Park, etc.).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    310 Court Ave Des Moines, IA 50309
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