300 5th St Des Moines, IA 50309-4630
- Commercial real estate
- 49,914 SF
- 1.13 lot acres
Dec 14, 2023
Current Use by Public Records
- Harbach Lofts / Apartment Building
- St. Kilda Cafe & Bakery / Restaurant
- St. Kilda / Restaurant
Property Details for 300 5th St
- Year built
- 2016
- Construction
- CONCRETE
- Lot size
- 1.13 lot acres
- Property size
- 49,914 SF
- Property type
- Commercial real estate
- APN
- 020/01056-004-003
- APU
- 2001056004003
Description
This exceptional turn-key restaurant in Des Moines, Iowa, is ideally situated at 300 SW 5th St, in the heart of the city, within walking distance of Principal Park and Court Avenue. The property boasts a flexible floor plan encompassing 415 to 2,953 square feet of interior space, perfect for a variety of culinary concepts. The main level features an open floor plan, a fully equipped central bar, an espresso machine, and a spacious mezzanine offering additional seating overlooking the dining area. A significant advantage is the expansive 3,015 square foot basement, complete with a prep kitchen and ample storage, including two walk-in coolers, freezers, stand-up refrigerators, and extensive shelving. The outdoor patio, spanning 415 square feet, provides convenient access to the interior. The property sits on a 49,209 square foot lot and benefits from its proximity to a high-density residential area, with approximately 10,000 apartments within easy walking distance, ensuring a robust customer base. The asking price for this exceptional opportunity is $200,000. This is a rare chance to acquire a fully operational restaurant with significant potential in a vibrant and desirable location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6221
- Latitude
- 41.5813
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA