218 4th St
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218 4th St
26,733 SF 100% Leased Industrial Building Des Moines, IA 50309 $1,200,000 ($44.89/SF)
INVESTMENT HIGHLIGHTS
- Zoning: DX1 - Downtown District
- Located next to historic Court District
- Potential High-Rise Development
- Adjacent to Historic Kirkwood Commons Condominium (former Kirkwood Hotel)
EXECUTIVE SUMMARY
The current structure produces $6100 per month in Gross Revenue ($73,200 per year)
PROPERTY FACTS
| Price | $1,200,000 | Lot Size | 0.20 AC |
| Price Per SF | $44.89 | Rentable Building Area | 26,733 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Industrial | Year Built | 1930 |
| Building Class | C | Parking Ratio | 2.28/1,000 SF |
| Price | $1,200,000 |
| Price Per SF | $44.89 |
| Sale Type | Investment |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.20 AC |
| Rentable Building Area | 26,733 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Parking Ratio | 2.28/1,000 SF |
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Walk Score®
Walker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 020-01266000000 | Improvements Assessment | $62,000 |
| Land Assessment | $486,000 | Total Assessment | $548,000 |
PROPERTY TAXES
Parcel Number
020-01266000000
Land Assessment
$486,000
Improvements Assessment
$62,000
Total Assessment
$548,000
ZONING
| Zoning Code | DX1 |
| DX1 |
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218 4th St
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