For Sale
$1,950,000

800 19Th St Des Moines, IA 50314

Des Moines, IA: Office/Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional Class A mixed-use property, located at 800 19th St in Des Moines, Iowa's desirable Sherman Hill neighborhood, presents a unique investment opportunity. The 5,532 square foot building, constructed in 1933 and extensively renovated in 2010 at a cost of $3.5 million, boasts a low carbon footprint with solar generation, geothermal energy, and a living roof. The building features 5,000 square feet of net rentable space, divided into two units: a 3-bedroom, 1,884 square foot residential condo on the upper level and 3,648 square feet of ground-floor office/retail space. The property is zoned NX2A and includes 8 parking spaces on a 12,995 square foot lot. The asking price is $1,950,000, translating to $352.49 per square foot. High-efficiency VRF mechanicals and American clay walls contribute to the building's sustainability. Built to HIPAA compliant standards, this property is ideally suited for a variety of uses, including medical offices, law firms, or retail businesses with owner-occupied residential space. The property's sustainable features and prime location make it an attractive investment for discerning buyers. Lease commencement is November 1, 2023. The building's historical charm, combined with its modern amenities and eco-friendly design, offers a rare opportunity in the heart of Des Moines. The property incorporates stormwater best practices.

Property Details for 800 19Th St

Property type
Retail properties, Office properties
Square Feet
5,532 SF
Class
A
Year Built/Renovated
1933/2010
Buildings
1
Stories
2
Units
2

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.5918585
Longitude
-93.6427101

FAQs

What type of property is this?
Retail property - Des Moines, IA: Office/Retail Opportunity
Where is the retail property located?
The property is located at 800 19Th St Des Moines, IA.
What is the asking price?
The asking price for this property is $1,950,000.
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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800 19Th St
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