Historical Office Sale Listing - The Equitable Building

Office For Sale

This Office property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Office For Sale, Des Moines, IA or Iowa

The Equitable Building

604 Locust Street, Des Moines, IA 50309

N/A

253,168 SF | Office

  • Print

The Equitable Building

Office Property - Off Market

Price:
N/A
Building Size:
253,168 SF
Property Type:
Office
Property Sub-type:
Office Building
Additional Sub-types:
Retail (Other)
Property Use Type:
Investment
Distressed:
Yes
Occupancy:
31%
Building Class:
B
Tenancy:
Multiple
Lot Size:
0.40 AC
Listing ID
16887445
Last Updated
over 1 year ago

Description

The property is being marketed on a as-is basis. Please provide letter of interest with an executive and financial summary of buyer' s qualifications.

The Equitable Building is one of the city's most prestigious landmark buildings located at Sixth and Locust Street in the Central Business District of Des Moines. Once known as the tallest building west of the Mississippi, this nineteen-story multi-tenant office building offers investors the opportunity to own one of the most recognizable buildings in the Midwest strategically located in the heart of Iowa's capital city.

Originally constructed in 1923, the building has been periodically renovated and updated since that time. The newest addition to this ever-evolving site are the high-end residential condos located on the upper floors. The conversion process began in 2006 when floors 11 through 19 began being demolished to shell condition for condominium construction. A total of 146,285 square feet is presently vacant, consisting of vacant retail and office space and demolished shell office floors intended for condominium construction.

Centrally located in the heart of downtown Des Moines with easy access to Interstate 235 via 6th Avenue.

Map of 604 Locust Street, Des Moines, IA 50309 (Polk County)

Research for 604 Locust Street, Des Moines, IA 50309 (Polk County)

  • Demographics – Population, income & other demographics near 604 Locust Street
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building