615 3Rd St Des Moines, IA 50309
This three-story, 48,970 square foot office building at 615 3rd Street in Des Moines, Iowa, offers a variety of flexible workspace options. The property is ideally suited for businesses seeking executive office space, coworking arrangements, or creative office environments. Multiple tenancies are available, with spaces ranging from a minimum of 400 square feet to a maximum contiguous space of 11,766 square feet. Currently, 19,422 square feet of space is vacant and ready for immediate occupancy. The building's location provides exceptional convenience and accessibility. It's within walking distance of the Wells Fargo Arena and the Hilton Des Moines Downtown, offering employees easy access to entertainment and hospitality. Furthermore, its proximity to Interstate 235 ensures effortless commuting for employees and clients. This mixed-use building in Polk County, zip code 50309, presents a unique opportunity for businesses to establish a thriving presence in the heart of Des Moines. The building's diverse suite sizes cater to a wide range of business needs and growth plans. This location offers a blend of urban convenience and accessibility, making it an attractive option for companies seeking a dynamic and vibrant work environment.
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Buzzard Billy’s Restaurant
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ATM Atm
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Baratta's Catering Take-out & Catering Catering Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.