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    1723 Grand Ave Des Moines, IA 50309

    Sponsored
    For Lease
    $14 SF/Yr ($4,795 /Mo)

    Prime Des Moines location, 1,200-4,110 sq ft available.

    Lot size:
    4,110 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office and retail space, located at 1723 Grand Avenue in Des Moines, Iowa, offers a unique opportunity for businesses seeking a prominent presence in the heart of the city. The property, totaling 4,110 square feet, is currently fully vacant and available for lease. The space is divisible, with a minimum leasable area of 1,200 square feet and a maximum contiguous space of 4,110 square feet, providing flexibility for various business needs. The building boasts a beautiful, historic design that has been thoughtfully renovated to accommodate both retail and office tenants, creating a modern and functional workspace. Its strategic location in downtown Des Moines offers unparalleled convenience, with close proximity to MLK Parkway and Fleur Drive, ensuring easy access to Interstate 235 and the Des Moines International Airport. This property presents a rare chance to establish a business in a highly desirable and accessible location within Polk County, Iowa, zip code 50309. The property is classified as retail and office space, specifically as an executive office and storefront. Multiple tenancies are possible. The building's attractive features and prime location make it an ideal choice for businesses seeking a prestigious and functional space.

    Property Features for 1723 Grand Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,110 SF
    Total Rate
    4795

    Unit(s) available at that property

    Space
    Availablle Space
    Size
    4,110 SF
    Rate per SF
    $14

    HighLights

    • Ground floor commercial space featuring high ceilings, exposed brick, and abundant natural light.
    • Tenant improvement allowance available.
    • Ample street parking supplemented by off‑site parking options.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Argonne, 1723 Grand ... Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6407392
    Latitude
    41.5847774

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    FAQs

    What type of property is this?
    Individual retail property - Prime Des Moines location, 1,200-4,110 sq ft available.
    Where is this individual retail property located?
    The property is located at 1723 Grand Ave Des Moines, IA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Ground floor commercial space featuring high ceilings, exposed brick, and abundant natural light.; Tenant improvement allowance available.; Ample street parking supplemented by off-site parking options.
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    1723 Grand Ave 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
    1723 Grand Ave Des Moines, IA 50309
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