2120 Ingersoll Ave Des Moines, IA 50312
For Lease
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This exceptional 5,496-square-foot retail property, built in 2021, is ideally situated in Des Moines, Iowa, within the MX2 Mixed Use District. The building, which sits on a 0.435-acre lot, boasts a prime location offering excellent visibility and high traffic counts. Previously used as a restaurant and bar, this two-story building is currently vacant and ready for immediate occupancy. Architectural design elements and high-end finishes are present throughout. The property includes two 5,000-gallon grease interceptors, a significant advantage for food service businesses. The building features rooftop patios, adding to its appeal and potential for outdoor seating or other uses. Its versatile zoning allows for a variety of uses, making it an attractive opportunity for various businesses. The property's location near downtown Des Moines ensures high foot traffic and visibility, making it an ideal location for a restaurant, bar, or other commercial enterprise. This is a turnkey opportunity for a business seeking a well-appointed space in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Des Moines, IADes Moines. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.