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Property profile & analytics
FOR LEASE
Office Units

555 17Th St Des Moines, IA 50309

57,220 SF 1.38 ac lot
Property ID
US25-2519122
Property summary
AI-generated overview

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
Verified
Property type Office Units
Total area 57,220 SF
Lot 1.38 ac (59,982 SF)
UPID US25-2519122
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
  • The Good Butcher Take-out & Catering Butcher
  • Trilix Studio Recording Studio
  • Brockway Association Or Organization
  • HomeGrown Des Moines - Crescent Restaurant
  • Big Grove Brewery & Taproom Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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