Indianola, IA
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    Indianola, IA Commercial Real Estate for Sale

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    Milo, IA Norwalk, IA Prole, IA
    39 listings
    Mixed-Use Investment in Downtown Indianola
    $350,000
    2,400 SF
    Mixed-Use Investment in Downtown Indianola

    120 N Howard Street, Indianola, IA 50125

    Mixed-use property with commercial space and apartments in prime location.
    • Mixed‑use property at 120 N Howard Street with 1 ground‑floor commercial space and 3 upper apartments
    • Apartment mix: two 1‑bedroom units and one 2‑bedroom unit; each unit includes a kitchen, living area, and bathroom
    • Gross rent listed at $3,325/month, with a long‑term commercial tenant of nearly 10 years
    • Separate electric and gas meters for each unit; tenants pay electric and gas utilities
    • Landlord pays water and trash, plus taxes; public water and public sewer
    Updated: May 12
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    Highway-Frontage Commercial Land
    $250,000
    1.92 Acres
    Highway-Frontage Commercial Land

    711 E 2nd Avenue, Indianola, IA 50125

    Flat, fully cleared C-2 lot with highway frontage and utilities available at the boundary for a range of commercial uses.
    • 1.92‑acre fully cleared, flat commercial lot on Hwy 92 in Indianola
    • C‑2 zoning with flexibility for retail, office, medical, or restaurant use
    • Public water and public sewer available; electric and fiber accessible at the lot boundary
    • Highway frontage near the Hwy 92/65 intersection with 16,000+ AADT traffic counts
    • Established shared access point next to Indianola Mechanical
    Updated: Jun 5
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    Indianola Farm for Future Development
    $2,450,000
    118.00 Acres
    Indianola Farm for Future Development

    118-acre farm inside city limits, ideal for residential development.

    S Y Street, Indianola, IA 50125

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    Indianola Commercial & Rural Land
    Contact for pricing
    6.63 Acres
    Indianola Commercial & Rural Land

    Commercial and rural development opportunity on Nevada Street, Indianola, Iowa.

    Nevada Street & 118th Avenue, Indianola, IA 50125

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    Versatile Agricultural Development Land
    $199,000
    10.00 Acres
    Versatile Agricultural Development Land

    10 acres zoned Ag with producing row-crop acreage and utilities available for flexible development planning near Indianola.

    Nevada Street, Indianola, IA 50125

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    Spacious Showroom with Classrooms
    $550,000
    6,528 SF
    Spacious Showroom with Classrooms

    6,528 SF showroom featuring classrooms and office space.

    1508 North Jefferson Way, Indianola, IA 50125

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    Highly Productive Tillable Farmland
    $345,000
    35.54 Acres
    Highly Productive Tillable Farmland

    Own a highly tillable farm with strong productivity indicated by its CSR2 score, ideal for crop production and long-term investment.

    Street, Indianola, IA 50125

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    Highly Tillable Agricultural Land
    $345,000
    35.54 Acres
    Highly Tillable Agricultural Land

    Own productive farmland with a majority of tillable acres suited for farming operations.

    Street, Indianola, IA 50125

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    Prime Commercial Land Opportunity
    $1,993,000
    3.05 Acres
    Prime Commercial Land Opportunity

    High-visibility commercial land parcel on main highway in Indianola.

    1100 N Jefferson Way, Indianola, IA 50125

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    Prime Land in Indianola, IA
    $326,264
    Prime Land in Indianola, IA

    2.14 acres of build-ready land near downtown Indianola.

    2506 North Jefferson Way, Indianola, IA 50125

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    Zoned Agricultural Building Site
    $209,900
    10.03 Acres
    Zoned Agricultural Building Site

    10.03-acre parcel near Indianola, suitable for a home site or shop with agricultural zoning.

    36-75-24 S 420' N 840' W 1040' SE NE, Indianola, IA 50125

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    Retail Development Land Opportunity
    $285,000
    Retail Development Land Opportunity

    Prime retail development land in a mixed-use community.

    2103 N 3rd Lane, Indianola, IA 50125

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    Land For Sale Indianola, Iowa
    $325,000
    8.00 Acres
    Land For Sale Indianola, Iowa

    8 acre agricultural land parcel in Indianola, Iowa.

    R57 Highway, Indianola, IA 50125

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    Retail Space in Indianola, Iowa
    $564,871
    6,856 SF
    Retail Space in Indianola, Iowa

    Retail space available in Indianola with affluent demographics.

    610 N Jefferson Way, Indianola, IA 50125

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    Commercial Lots in Indianola, Iowa
    $209,900
    1.00 Acre
    Commercial Lots in Indianola, Iowa

    Prime commercial lots with high visibility and accessibility.

    401 S 21st Avenue, Indianola, IA 50125

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    Commercial Building on 2.15 Acres
    $200,000
    9,185 SF
    Commercial Building on 2.15 Acres

    9,185 sq ft commercial building on 2.15 acres.

    12220 168th Avenue, Indianola, IA 50125

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    Land in Indianola, Iowa
    $313,500
    2.09 Acres
    Land in Indianola, Iowa

    2.09 acre commercial land for sale in Indianola, Iowa.

    151st Lane, Indianola, IA 50230

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    Land in Indianola, Iowa
    $304,500
    2.03 Acres
    Land in Indianola, Iowa

    2.03 acre commercial land for sale in Indianola, Iowa.

    151st Lane, Indianola, IA 50230

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    Land in Indianola, Iowa
    $350,400
    2.19 Acres
    Land in Indianola, Iowa

    2.19 acre commercial land for sale in Indianola, Iowa.

    151st Lane, Indianola, IA 50230

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    Commercial Land in Indianola, Iowa
    $389,900
    1.63 Acres
    Commercial Land in Indianola, Iowa

    1.63 acre commercial land for sale in Indianola, Iowa.

    300 S 21st Street, Indianola, IA 50125

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    Vacant Lot on N 14th
    $250,000
    2.17 Acres
    Vacant Lot on N 14th

    Vacant lot with frontage on N 14th Street in Indianola.

    N 14th St, Indianola, IA

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    Commercial Lots in Indianola, Iowa
    $219,900
    1.05 Acres
    Commercial Lots in Indianola, Iowa

    Commercial lots with high visibility and accessibility in Indianola.

    305 S 21st Avenue, Indianola, IA 50125

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    Prime Land in Indianola
    $1,034,986
    1.98 Acres
    Prime Land in Indianola

    Just under 2 acres of land with high visibility.

    101 Scenic Valley Ave, Indianola, IA

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    Commercial Lots in Indianola, Iowa
    $209,900
    1.00 Acre
    Commercial Lots in Indianola, Iowa

    One-acre commercial lots with high visibility and accessibility.

    405 S 21st Street, Indianola, IA 50125

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    Indianola, IA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Indianola, IA, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 24,971 square feet of properties for sale, with an estimated market value of $1,991,135.

    Sale prices for business properties in Indianola, IA start at $200,000, averaging $398,227, and reaching up to $564,871 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 20K
    Population Growth (5Y) -1.7%
    Median Household Income $86,463
    College Educated 44.7%

    High-Yield Neighborhoods for Investment

    Identify Indianola submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Des Moines $304.5K
    Radcliffe $324.5K
    Indianola $697.1K

    Taxes & Financing

    Tax Rate (average for all types) 2.36%
    Property Tax per SF $35.69 per SF
    Tax Rate vs County Average 0.33 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Warren County

    New Delisted

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