Property summary
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
VerifiedCap rate & NOI
Current use
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Clothing Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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