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    OFF-MARKET
    Retail properties & Spaces

    415 5Th St, West Des Moines, IA 50265

    6,830 SF 0.2 ac lot Built 1954
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,100-square-foot retail space is located at 415 5th Street in the vibrant Valley Junction submarket of West Des Moines, Iowa, zip code 50265. The property, built in 1954 and extensively renovated in 2023, sits on a 0.2-acre lot and comprises a single, one-story building totaling 6,830 square feet. Currently fully leased as a single-tenant occupancy, this space offers a unique opportunity. The interior boasts a spacious showroom, a dedicated office, a sizable kitchen/meeting area, and the added convenience of a single-car garage at the rear. Situated within the charming historic Valley Junction district, this location benefits from a thriving community of over 50 diverse businesses, creating a lively and walkable neighborhood atmosphere. The property's blend of historic charm and modern updates makes it an ideal space for a variety of retail uses, including gift shops, grocery stores, markets, and coffee shops. Lease terms are flexible, with both sublease and direct landlord lease options available. This is a rare opportunity to secure a prime retail location in a highly desirable West Des Moines neighborhood.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1954
    Total area 6,830 SF
    Lot 0.2 ac (8,712 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Femme Revival Clothing Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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