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    800 19Th St Des Moines, IA 50314

    Sponsored
    For Sale
    $1,950,000

    Des Moines, IA: Office/Retail Opportunity

    Property size:
    5,532 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A mixed-use property, located at 800 19th St in Des Moines, Iowa's desirable Sherman Hill neighborhood, presents a unique investment opportunity. The 5,532 square foot building, constructed in 1933 and extensively renovated in 2010 at a cost of $3.5 million, boasts a low carbon footprint with solar generation, geothermal energy, and a living roof. The building features 5,000 square feet of net rentable space, divided into two units: a 3-bedroom, 1,884 square foot residential condo on the upper level and 3,648 square feet of ground-floor office/retail space. The property is zoned NX2A and includes 8 parking spaces on a 12,995 square foot lot. The asking price is $1,950,000, translating to $352.49 per square foot. High-efficiency VRF mechanicals and American clay walls contribute to the building's sustainability. Built to HIPAA compliant standards, this property is ideally suited for a variety of uses, including medical offices, law firms, or retail businesses with owner-occupied residential space. The property's sustainable features and prime location make it an attractive investment for discerning buyers. Lease commencement is November 1, 2023. The building's historical charm, combined with its modern amenities and eco-friendly design, offers a rare opportunity in the heart of Des Moines. The property incorporates stormwater best practices.

    Property Features for 800 19Th St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,532 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1933/2010
    Buildings
    1
    Stories
    2
    Units
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Healing Passages Birth ... Birth Center Silent Rivers Design+Build Remodeler Catherine Hennessey-Carter Midwife

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Law Firm Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6427101
    Latitude
    41.5918585

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    FAQs

    What type of property is this?
    Mixed-use property - Des Moines, IA: Office/Retail Opportunity
    Where is this mixed-use property located?
    The property is located at 800 19Th St Des Moines, IA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    Request Owner's contact information
    800 19Th St Des Moines, IA 50314
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    Des Moines, IA 50314
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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
    800 19Th St Des Moines, IA 50314
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