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    118 SE 4Th St Des Moines, IA 50309

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    118 SE 4Th St Des Moines, IA 50309


    • Warehouses
    • 50,688 SF
    • 0.45 lot acres
    Renovated Market District Office Building For Lease
    $2,095,000
    33,792 SF

    Renovated Market District Office Building

    33,792 SF renovated office building in the Market District.

    118 SE 4th St, Des Moines, IA 50309
    View Listing
    Property ID
    US25-2582588
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • eComegy / Marketing & Advertising
    • Prairie Song Therapeutic / Alternative Medicine Practice / Spa & Massage Center
    • Jaina Olson Photography / Photography Service / (Bike/Boat/Book/etc) Store
    • Heartwood Touch Therapy / Alternative Medicine Practice / Spa & Massage Center
    • FCS Painting / Painting Service / General Contractor

    Property Details for 118 SE 4Th St

    Year built
    1874
    Construction
    FRAME
    Lot size
    0.45 lot acres
    Property size
    50,688 SF
    Zone code
    C-3A
    Property type
    Warehouses
    APN
    040/03839-001-000
    APU
    4003839001000

    Description

    The Market Building, a newly renovated 33,792 square foot office property in Des Moines, Iowa, offers exceptional creative office space. Located at 118 SE 4th St, zip code 50309, this two-story building boasts a prime location in the vibrant Market District, just south of the East Village and minutes from Interstate 235. Currently, there are two available spaces totaling 16,896 square feet, ideal for multiple tenants seeking a collaborative environment. The building's design incorporates modern finishes and a sought-after loft aesthetic. Future tenants will appreciate the convenient access to downtown Des Moines and the East Village's numerous amenities. The property is undergoing a complete renovation, promising a high-quality, contemporary workspace. A planned rooftop patio adds an attractive amenity for tenants and employees. This is a unique opportunity to secure office space in a rapidly developing area of Des Moines, offering a blend of modern functionality and urban appeal. The building's flexible layout caters to various business needs, from executive offices to coworking spaces. This location provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. Don't miss this chance to establish your business in this dynamic and desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,815,000
      Market price range: $2.82M - $6.82M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6114
    Latitude
    41.5849
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,492
    $392,000
    $379,000
    $771,000
    -
    $392,000
    $379,000
    $771,000
    View Listing
    More about this property
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