Map of Property

520 SW 5th Street

For Lease

520 SW 5th Street, Des Moines, IA 50309

There is currently one space available at 520 SW 5th Street. The building’s general use is vacantland. The space listed for lease is described as vacantland. Current availability totals 10,550 square feet. Of this, minimum divisible area is 10,550 square feet. The listed lease rate is $7.00/SF/YR.

Space Available For Lease 1

Contacts

broker
Ben Brackett

Ferguson Commercial Real Estate Services

Property Details

  • Property Type VacantLand
  • Property Size 10,550 SF
  • Lot Size 1.33 Acre
  • Year Built 1959
  • Date Updated Jul 14, 2025
Located in the Riverpoint Business District, just south of Downtown Des Moines' Central Business District and situated along the Racoon River between Principal Park and the future downtown pro soccer stadium. Not only is the site walkable to Court Avenue, but it offers direct access to the Jackson Street Bridge and the Central Iowa Trails System via the Meredith Trail. The surrounding area, known as the Gray's Landing development acts an extension of downtown and the neighborhood delivers 35 acres of retail, hotel, office and apartment homes balanced between city and the river.This 1.31 acre future development site is situated along the Raccoon River with direct access to the Jackson Street Bridge and the Raccoon River Valley Trail, which covers 120 miles in Central Iowa. The parcel is the zoned DX2 meaning it is designed for areas within the downtown core that feature a mix of storefronts, offices, and residences, representing a mid-level intensity of activity. With proximity to Principal Park and the future Global Plaza and professional soccer stadium, the site is just blocks away from the Downtown Des Moines Farmer's Market, making it a prime location for mixed-use or multifamily development.Currently a vacant industrial/flex property, the site offers an excellent opportunity for a Restaurant/Bar/Entertainment/Multi-Tenant Retail redevelopment. Ownership has experience with similar projects, having developed the the property that is home to the popular Lua Brewing in the historic Sherman Hill neighborhood.
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Getting around

  • 55/100

    Walk Score ®

  • 45/100

    Transit Score ®

  • 51/100

    Bike Score ®

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Location

  • City Des Moines, IA
  • Neighborhood Downtown Des Moines
  • Zip Code 50309
  • Market Des Moines

Points of Interest

  • BP

    0.26 miles

  • ChargePoint Charging Station

    0.88 miles

  • QuikTrip

    1.04 miles

  • Git N Go

    1.27 miles

  • Kum & Go

    1.35 miles

  • Casey's General Store

    1.65 miles

  • Star

    1.77 miles

  • Conoco

    1.81 miles

  • Tesla Supercharger

    5.18 miles

  • Ashworth Plaza

    8.76 miles

  • MLK River Park - Parking Lot C

    0.12 miles

  • MLK River Park - Parking Lot B

    0.25 miles

  • MLK River Park - Parking Lot A

    0.27 miles

  • Science Center of Iowa Parking Ramp

    0.41 miles

  • EMC Parking Garage

    0.53 miles

  • 8th & Mulberry Parking Garage

    0.54 miles

  • Wells Fargo Parking Garage

    0.55 miles

  • 5th & Walnut Parking Garage

    0.56 miles

  • 3rd & Court Parking Garage

    0.57 miles

  • 10th Street Parkade

    0.64 miles

  • Holiday Inn Express & Suites

    0.43 miles

  • Hampton Inn & Suites Des Moines Downtown

    0.45 miles

  • Residence Inn Des Moines Downtown

    0.47 miles

  • Surety Hotel

    0.57 miles

  • Hotel Fort Des Moines

    0.67 miles

  • Des Lux Hotel

    0.70 miles

  • Renaissance Des Moines Savery Hotel

    0.70 miles

  • Des Moines Marriott Downtown

    0.72 miles

  • Hyatt Place Des Moines Downtown

    0.72 miles

  • Embassy Suites by Hilton Hotel Des Moines Downtown

    0.80 miles

  • Hy-Vee

    0.50 miles

  • New Oriental Food Store

    1.03 miles

  • Gateway Market

    1.40 miles

  • Jung's Oriental Food Store

    1.71 miles

  • La Tapatia Grocery

    1.77 miles

  • Tienda Mexicana

    1.80 miles

  • Plaza Food Market

    2.14 miles

  • Hilal Groceries

    2.20 miles

  • Price Chopper

    2.32 miles

  • AAFES

    3.24 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Ben Brackett

Ferguson Commercial Real Estate Services

  1. 1Main information
  2. 2Extra information
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