Technical
Financial
Distress signals
Property profile

112 4th St 101 Des Moines, IA 50309

OFF-MARKET
Turn key restaurants
Property ID
US25-0919209
8,979 SF 0.24 ac lot Built 2021
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,215 square foot creative office space is available for sublease at 112 SE 4th Street in Des Moines, Iowa. Located in a Class B building constructed in 2021, this single-tenant space is part of a vibrant mixed-use development. The building, originally a warehouse dating back to 1874, has been thoughtfully renovated to maintain its unique character while offering modern amenities. The property boasts exposed elements reminiscent of its warehouse origins, creating a distinctive and inspiring work environment. The building itself encompasses 14,401 square feet and sits on a 19,483 square foot lot, zoned C. This sublease opportunity provides immediate access to a desirable location in Des Moines, with convenient access to local amenities and transportation. The building features a brewery on the first floor, office spaces on the second, and apartments on the third, creating a dynamic and lively atmosphere. This is an ideal space for a creative business seeking a unique and inspiring workspace in a thriving urban setting. The property is located in Des Moines, IA, zip code 50309. This is a single-tenant space within a larger building.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2021
Construction FRAME
Total area 8,979 SF
Lot 0.24 ac (10,521 SF)
APN 040/03838-001-001
UPID US25-0919209

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
  • Production Facility Brewery & Distillery

Location

112 4th St, Unit 101 Des Moines, IA 50309-4857
Des Moines metro Census 5200 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.23M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.6M +14.4%
Auto repair, garage $1.5M +11.6%
Medical building $1.5M +7.8%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 112 4th St, Unit 101?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message