For Lease
$119.40/SF/YR

111 11Th St Des Moines, IA 50309

7,920 SF Retail Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
130
This 7,920 square foot single-tenant retail building at 111 11th Street in Des Moines, Iowa, presents a compelling redevelopment opportunity. Built in 1940, the property sits on a 0.4-acre lot and boasts 42 parking spaces. Its DX1 zoning allows for significant flexibility, including the potential for mixed-use development, with approved plans for approximately 90 apartment units. The building is currently vacant, offering a blank canvas for a new owner. Located in Des Moines' Central Business District, this property enjoys excellent visibility and proximity to major transportation arteries. The surrounding area is vibrant, with nearby businesses including the Hotel Fort Des Moines (Hilton), EMC Insurance, Wellmark, Community Choice Credit Union, the YMCA, and Exile Brewing Company. This prime location and the potential for substantial redevelopment make this an exceptional investment prospect for those seeking a high-impact project in a thriving urban core. The property's address is 111 11th St, Des Moines, IA 50309, and its cross street is Cherry Street. The APN is 020/016102-001-000. This is a single-building property with significant upside potential for the right investor.

Property Details for 111 11Th St

Property type
Retail properties, Retail space
RSF (Rentable sq. ft)
7,920 SF
Year Built
1940
Buildings
1

Unit(s) available at that property

Space
Size
7,920 SF
Rate per SF
$119.40

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.583065511946
Longitude
-93.630171022801
111 11Th St, Des Moines, Iowa

FAQs

What type of property is this?
Retail property - 7,920 SF Retail Building, Prime Location
Where is the retail property located?
The property is located at 111 11Th St Des Moines, IA.
What is the lease rate?
The lease rate is $119.40/SF/YR.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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111 11Th St
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