Property profile

415 5Th St West Des Moines, IA 50265

OFF-MARKET
Retail properties & Spaces
6,830 SF 0.2 ac lot Built 1954
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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

Current use

Occupant on record · Public records
  • Clothing Store

Location

415 5Th St West Des Moines, IA 50265
West Des Moines metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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