111 11Th St Des Moines, IA 50309

This 7,920 square foot single-tenant retail building at 111 11th Street in Des Moines, Iowa, presents a compelling redevelopment opportunity. Built in 1940, the property sits on a 0.4-acre lot and boasts 42 parking spaces. Its DX1 zoning allows for significant flexibility, including the potential for mixed-use development, with approved plans for approximately 90 apartment units. The building is currently vacant, offering a blank canvas for a new owner. Located in Des Moines' Central Business District, this property enjoys excellent visibility and proximity to major transportation arteries. The surrounding area is vibrant, with nearby businesses including the Hotel Fort Des Moines (Hilton), EMC Insurance, Wellmark, Community Choice Credit Union, the YMCA, and Exile Brewing Company. This prime location and the potential for substantial redevelopment make this an exceptional investment prospect for those seeking a high-impact project in a thriving urban core. The property's address is 111 11th St, Des Moines, IA 50309, and its cross street is Cherry Street. The APN is 020/016102-001-000. This is a single-building property with significant upside potential for the right investor.