Downtown Parking Garage for Sale

218 4th St, Des Moines, IA, 50309

0.20 Acres
$1,200,000

Listing Details

List Price
$1,200,000
List Price Per SF
$135.71
Total Income
$73,200
List Date
9/09/2024
Possession
COE
Signage
On Building
Show Instructions
Call broker
Listing ID
41039477

Downtown Parking Garage for Sale

+ Sale Price: $1,200,000

+ Site: 0.203 acre site

+ The current structure produces $6100 per

month in Gross Revenue ($73,200 per year)

+ Existing 61 stall income producing Parking

Garage with property connected to skywalk via

Kirkwood Commons building.

+ Adjacent to Historic Kirkwood Commons

Condominium (former Kirkwood Hotel)

+ Walking Distance from:

− Court Ave. District

− Polk County Court House

− Des Moines Civic Center

+ Zoning: DX1 - Downtown District

+ Excellent redevelopment infill site

#specialty#forsale#desmoines#iowa#cbre

Space Details

Total Available
0.20 Acres
Primary Use
Specialty
Secondary Uses
Multi-Family, Office
Investment
Yes

Property Highlights

Type
 Specialty
Size
0.2 Acres
Number of Buildings, Floors
1 , 2
Submarket
IA - Des Moines CBD

Contact

Mike Macri III

Vice President

CBRE

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