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Property profile & analytics
FOR SALE
Turn key restaurants

333 5Th St West Des Moines, IA 50265

7,200 SF 0.17 ac lot Built 2020
Trust Owned ~ Est. High Equity
Property ID
US25-0103972
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2020
Construction FRAME
Total area 7,200 SF
Lot 0.17 ac (7,250 SF)
Zoning code VJHB
APN 320/04589-000-000
UPID US25-0103972
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • St. Kilda Collective Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$907k
Blend (final) Blend
$985k
Owner & transaction history
Timothy B Rypma Living Trust
Timothy B Rypma Living Trust
since 2026
6 recorded transactions
2026
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
VJHB · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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