555 17Th St Des Moines, IA 50309
For Lease
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This exceptional 57,220 square foot property, formerly Crescent Chevrolet, presents a unique investment opportunity in the heart of Des Moines, Iowa. Situated at 555 17th Street, this two-story building boasts a spacious, open floor plan ideal for a variety of uses. The adaptable layout is perfect for creative office spaces, retail establishments, or even a restaurant concept. With a minimum divisible space of 1,900 square feet, the property offers flexibility for businesses of various sizes. The entire 57,220 square feet is currently vacant, providing a blank canvas for a new tenant or owner to create their vision. Located in Polk County, this 1.377-acre site benefits from its prominent position on a major downtown thoroughfare, ensuring high visibility and accessibility. The property's size and location make it an attractive option for businesses seeking a substantial presence in Des Moines' vibrant downtown area. The ownership is open to innovative and unique concepts, making this a truly exceptional opportunity for a forward-thinking enterprise. The property is zoned for office and retail use, further enhancing its versatility and potential. This is a rare chance to acquire a large, adaptable space in a prime downtown location.
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The Good Butcher Take-out & Catering Butcher
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Trilix Studio Recording Studio
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Brockway Association Or Organization
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HomeGrown Des Moines - Crescent Restaurant
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Big Grove Brewery & Taproom Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.