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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering Butcher
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Recording Studio
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Association Or Organization
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Restaurant
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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