333 5Th St West Des Moines, IA 50265
For Sale
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This exceptional 7,000 square foot freestanding building, located at 333 5th Street in West Des Moines, Iowa's historic Valley Junction, presents a unique investment opportunity. Recently renovated, this single-tenant property is ideally suited for a restaurant or retail operation. The space boasts a fully equipped, state-of-the-art kitchen featuring a wood-fired grill and Hestan custom appliances, along with a functional bakery. High-end finishes include custom white oak built-in furniture, banquettes, and designer seating. A significant revenue stream is generated by a private event space, complete with a built-in bar, AV equipment, and ample storage, already heavily booked into 2024. This turnkey operation eliminates the need for extensive and costly construction, offering immediate operational capability. Situated in a highly desirable Des Moines location, this property represents a rare chance to acquire an established, profitable business. The building is located in Polk County, Iowa, zip code 50265. The entire 7,000 square feet is currently vacant.
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St. Kilda Collective Restaurant
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
VJHB · West Des Moines, IAWest Des 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.