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    118 4Th St Des Moines, IA 50309

    For Lease
    Contact for pricing

    Modern Office Suites in Des Moines' Market District

    Lot size:
    33,792 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Market Building, a newly renovated 33,792 square foot office property in Des Moines, Iowa, offers exceptional creative office space. Located at 118 SE 4th St, zip code 50309, this two-story building boasts a prime location in the vibrant Market District, just south of the East Village and minutes from Interstate 235. Currently, there are two available spaces totaling 16,896 square feet, ideal for multiple tenants seeking a collaborative environment. The building's design incorporates modern finishes and a sought-after loft aesthetic. Future tenants will appreciate the convenient access to downtown Des Moines and the East Village's numerous amenities. The property is undergoing a complete renovation, promising a high-quality, contemporary workspace. A planned rooftop patio adds an attractive amenity for tenants and employees. This is a unique opportunity to secure office space in a rapidly developing area of Des Moines, offering a blend of modern functionality and urban appeal. The building's flexible layout caters to various business needs, from executive offices to coworking spaces. This location provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. Don't miss this chance to establish your business in this dynamic and desirable location.

    Property Features for 118 4Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,792 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    1st Floor
    Size
    16,896 SF
    Space
    2nd Floor
    Size
    16,896 SF

    HighLights

    • Newly renovated 33,792 SF office building in Des Moines' Market District.
    • 16,896 SF of space available, divisible to 4,000 SF.
    • Owner will consider retail, event, or entertainment uses.
    • Up to 55 on‑site parking stalls available for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    eComegy Internet Marketing Service Prairie Song Therapeutic Massage Therapist Jaina Olson Photography Photographer Heartwood Touch Therapy Massage Therapist FCS Painting Painter

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.611037998661
    Latitude
    41.584934366652

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    FAQs

    What type of property is this?
    Office space - Modern Office Suites in Des Moines' Market District
    Where is this office space located?
    The property is located at 118 4Th St Des Moines, IA.
    What are key features of this property?
    This property features: Newly renovated 33,792 SF office building in Des Moines' Market District.; 16,896 SF of space available, divisible to 4,000 SF.; Owner will consider retail, event, or entertainment uses.
    Request Owner's contact information
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    Des Moines, IA 50309
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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
    118 4Th St Des Moines, IA 50309
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