- For Lease $16.00 - $22.00/SF/YR
- Property Type Office - General Office
- Property Size 136,000 SF
- Lot Size 0.49 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1923
- Date Updated Aug 26, 2026
Description
The Insurance Exchange Building is a 136,000-square-foot office property situated on a 0.49-acre lot at 429 Grand Avenue. Built in 1923, this Class B building combines historic charm with functionality, ideal for businesses seeking a professional setting in Downtown Des Moines. While parking availability is not specified, several parking facilities are conveniently located nearby.
Nestled in the heart of Downtown Des Moines, the property benefits from close proximity to hotels, dining options, and various amenities. Nearby hotels include the Renaissance Des Moines Savery Hotel and Hyatt Place Des Moines Downtown, both within approximately 0.1 miles. Restaurants such as Domino’s and Splash Seafood Bar & Grill are just steps away, offering quick lunch or after-work dining options. Educational institutions like Mercy College of Health Sciences are less than 0.5 miles away, while child care centers such as Principal Child Development Center are also close by.
True
10 Spaces Available
501 5th Ave #1005
General Office
$20.00/SF/YR
5,739 SF
10
5,739 - 5,739 SF
Immediate
Yes
No
No
501 5th Ave #101
Retail
$22.00/SF/YR
3,076 SF
1
3,076 - 3,076 SF
Immediate
Full Service
Yes
No
Shell
No
Shell condition
On-site parking garage
Located in the heart of the city's urban core
In close proximity and walkable to downtown amenities including other retailers, office users, restaurants, entertainment, and residential living
501 5th Ave #200
General Office
$18.00/SF/YR
12,165 SF
2
5,885 - 12,165 SF
Immediate
Yes
No
No
501 5th Ave #250
General Office
$18.00/SF/YR
2,170 SF
2
2,170 - 2,170 SF
Immediate
Yes
No
No
501 5th Ave #301-304
General Office
$16.00/SF/YR
1,553 SF
3
1,553 - 1,553 SF
Immediate
Yes
No
No
