Des Moines, IA Office Property For Sale

33,956 SF Office Building available for sale. Located across from Terrace Hill. Three levels, ample parking, brick construction, elevator, loading dock and highly visible on Grand Avenue.

CBRE|Hubbell Commercial is pleased to present the Market One Building located at 130 E. 3rd, Des Moines, IA 50309. The investment includes the 50,729 SF office project that was completely redeveloped in 2016, a .424 Acre parcel, developed into a 44 stall parking lot, and an additional 1.01 acre parcel, developed into an 83 stall parking lot. The project boasts some of the most unique and thoughtfully designed commercial and office environments in the metro with significant energy efficient improvements, amenities including showers, nursing rooms, a large rooftop patio available to all building tenants, onsite car and bike parking along with electric charging stations. The Market One building offers a very vibrant address with easy access to a large number of restaurants and retail. The property is also centrally located in the Market District development which is a master plan project with over $750 million planned improvements including an amphitheater just south of the Subject Property along with multiple hotels, apartments and condos. The City of Des Moines is also expanding the bike path system with a planned path to be located directly north of the Subject Property which will link to the central Iowa bike network. This Project connects great history with forward thinking technology, creating one of the most unique and exciting investment opportunities ever offered in Des Moines. 

Listing Details

+ Sale Price: $435,000

+ Lease Rate: $9.09/SF MG

− Tenant pays utilities as well

+ Property Size: 6,602 SF (two levels)

+ Upper Level - 3,153 SF

− Reception Area

− 8 private offices

− Conference Room

− 2 restrooms

+ Lower Level - 3,449 SF

− 7 private offices

− Storage and laundry room

− Break area

− 2 restrooms

− Walk-out to back parking lot

+ Parking - 19 Total Stalls

− 7 in the front

− 12 in the back

Property Description:

Multi use building for sale. Built in 1910 this one time fire house is now home to 2 two bedroom apartments and a main floor retail or office use. This won't last!

Property Highlights:

• 2 Two bedroom apartment

• 1,775 SF of office/retail

• Close to downtown

• Onsite parking

◆ Mixed Use zoning (MXs)

◆ 2,102 SF Office

◆ Lot size: 0.089 Acres

◆ Year Built: 1920

Highlights:

• Great Visibility and Access to I-235/80

at the University Ave. Interchange

• Abundant free surface parking available

• Great location with retail amenities

nearby

This sale includes the following assemblage:

• 800 Walnut Street

• 801 Walnut Street

• 206 8th Street

• 207 9th Street

• 800 Mulberry Street

Property Highlights

Located in the heart of the Central Business District with excellent exposure and close proximity to skywalk, retail, and restaurant

amenities, this corporate office campus offers users over 625,000 total square feet.

Available Space

+ 625,377 Total Square Feet

+ 4.581 Land Acres

+ Year Built: 1910-2005

+ 1,979 parking spaces connected to skywalk

+ Amenities in close proximity

Lease Rate

+ $16.00/SF Modified Gross

Building Features

+ 3-Story Office/Retail Building

+ 2,000 SF Available

+ On-site Parking

Sale Price

+ Negotiable

3rd Floor: 2,000 SF

+ 2 Offices

+ Conference Room

+ Kitchenette

+ 1 Restroom

+ Rooftop Patio

Property Highlights:

• Single-story office condominium, built in 2006

• Convenient location near I-235

• Close to restaurants and other amenities

Property Information:

• High traffic counts offer outstanding visibility and

signage options.

• Direct access from 3rd Street exit on Interstate

235 four blocks to the North.

• Abundant off-street parking options.

• Nearby amenities include city parking garage,

Wells Fargo Arena, hotels, and the Principal River

Walk.

CBRE|Hubbell Commercial is pleased to offer for sale the former LifeServe Blood Center headquarters, located in the heart of East Village. The current building structure, land size and location creates a unique re-development opportunity. The property sits on East Locust Street between East 4th and East 5th Street, occupying 2.47 Acres of the 2.55 Acre block. The property has convenient interstate access and is within walking distance of the Des Moines Central Business Office District, the Iowa State Capital, the Market District, Principal Park, and numerous East Village restaurants, retail shops and service establishments.

PROPERTY HIGHLIGHTS

• Historically renovated office building with a sleek

industrial feel

• 25 stall, climate-controlled underground parking

garage

• Tenant improvement package available for tenant

buildout

• Located in the heart of CBD Des Moines

• Demising opportunities within the building

• Just a minute’s walk to nearby restaurants and

Pappajohn Sculpture Park

Building Features:

+ Located on heavily traveled Grand Avenue,

minutes from I-235

+ Built in 1967, remodeled in 1987

+ Rare parking opportunity in Grand/Ingersoll

corridor with 74 spaces

+ Zoned RX2 - Mixed Use District

+ Property Taxes

− Parcel 1: $64,308 (building)

− Parcel 2: $1,938 (parking)

+ Nearby Amenities include: Palmer’s Deli and n

Market, Gusto Pizza Co, Caribou Coffee, Noodles

and Company, & Walgreens

+ Traffic Counts

− Grand Ave: 10,600 vpd

− Martin Luther King Jr. Pkwy: 33,200 vpd

Great Office Building off of E 14th with visibility from I-235. Easy access from Highway 69/E 14th Street and excellent access to I-35. This building has a BRAND new roof.

OFFICE/RETAIL

Available

• 3,170 SF Multi-tenant office/retail building with

90 days notice to current tenant

Lease Rate

• $11.00/SF Net

Sale Price

• $475,000

Location

• 3 minutes from I-235

Property Details

• On-site parking

• C-1 Zoning

• Great visibility

• Close to Merle Hay Mall

• Traffic Counts Merle Hay Road: 22,544 vpd

• Traffic Counts Urbandale Avenue: 6,146 vpd