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1433 Walnut St
Des Moines, IA 50309

REDEVELOPMENT | 6.65% CAP · Retail Property For Sale

Investment Highlights

  • Walking distance to Exile Brewing Company
  • Part of the Western Gateway District

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,628 SF
Building Class
C
Year Built/Renovated
1948/2020
Price
£1,092,703
Price Per SF
£194
Net Initial Yield
6.65%
NOI
£72,612
Percent Leased
41%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.68
Lot Size
0.19 AC
Zoning
C-3A - DX2 Downtown District
Parking
10 Spaces (1.77 Spaces per 1,000 SF Leased)
Frontage
148 ft on Walnut St

Amenities

  • Air Conditioning

PROPERTY TAXES

Parcel Number 020-01736001000 Improvements Assessment £470,763
Land Assessment £212,274 Total Assessment £683,038

PROPERTY TAXES

Parcel Number
020-01736001000
Land Assessment
£212,274
Improvements Assessment
£470,763
Total Assessment
£683,038
 

  • Listing ID: 31380689

  • Date on Market: 16/02/2024

  • Last Updated:

  • Address: 1433 Walnut St, Des Moines, IA 50309

The Retail Property at 1433 Walnut St, Des Moines, IA 50309 is currently available for sale. Contact Cushman & Wakefield | Iowa Commercial Advisors for more information.

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