Indianola, IA Commercial Real Estate for Sale

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50 properties

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Updated: Aug 10

Highway Frontage Commercial Land

8000 Blk N Jefferson Way, Indianola, IA 50125

$899,900

8.99 AC lot

Approximately 8.99 acres M/L
More than 700 feet of frontage along N Jefferson Way/Hwy 69
Currently zoned A; commercial use subject to rezoning and applicable approvals
Public water source and public sewer available
Surrounded by expanding commercial and residential development

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Updated: May 12

Downtown Mixed-Use Building

120 N Howard Street, Indianola, IA 50125

$350,000

2,400 sqft 0.10 AC lot

2,400 square feet with one commercial space and three upper‑level apartments
Residential mix includes two 1‑bedroom units and one 2‑bedroom unit
0.1033‑acre lot at 120 N Howard Street in downtown Indianola
Located across from the Warren County Courthouse and on the town square
C/MR zoning with public water and public sewer

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ADA-Compliant Office Building

1004 S Jefferson Way, Indianola, IA 50125

$399,900

0.54 AC lot

Flexible layout includes private offices, showroom, kitchen, and storage.

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Highway Frontage Commercial Land

8000 Blk N Jefferson Way, Indianola, IA 50125

$899,900

391,604 sqft

Commercial land with substantial highway exposure and a seller-considered division option.

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Commercial Land with Pond

501 E Hillcrest Avenue, Indianola, IA 50125

$2,100,000

48.00 AC lot

Commercial land with multiple access points, rolling terrain, and an existing home on the north end.

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Tillable Agricultural Land

Fulton Street, Indianola, IA 50125

$600,000

32.19 AC lot

Ag-zoned farmland combines productive tillable ground with a timbered section and flexible parcel options.

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Cleared C-2 Commercial Land

711 E 2nd Avenue, Indianola, IA 50125

$250,000

1.92 AC lot

Flat, cleared parcel with C-2 zoning and public water and sewer access.

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ADA-Compliant Highway-Front Office Building

1004 S Jefferson Way, Indianola, IA 50125

$399,900

1,932 sqft

ADA-compliant office building with private offices, reception, showroom, and a full kitchen, plus strong highway exposure.

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Commercial Land with Highway Access

1100 N Jefferson Way, Indianola, IA 50125

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3.93 AC lot

C-zoned development site with public water and sewer near established retail operators.

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Level Commercial Land

609 E 2nd Avenue, Indianola, IA 50125

$65,000

0.17 AC lot

The parcel is identified with public water and public sewer utilities.

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Spacious Showroom with Classrooms

1508 North Jefferson Way, Indianola, IA 50125

$422,427

6,528 sqft

6,528 SF showroom featuring classrooms and office space.

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Commercial Land with Paved Access

Nevada Street & 118th Avenue, Indianola, IA 50125

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6.63 AC lot

C&Ag-zoned land with water, electricity, natural gas, and paved road access for commercial or rural commercial development.

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Land, Indianola, IA

10991 R57 Highway, Indianola, IA 50125

$899,000

52.13 AC lot

Agricultural land / Farmland · 52.13 Acres

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Prime Land in Indianola, IA

2506 North Jefferson Way, Indianola, IA 50125

$326,264

2 sqft 2.14 AC lot

2.14 acres of build-ready land near downtown Indianola.

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Commercial Land with Public Utilities

409 S 21st Street, Indianola, IA 50125

$209,900

1.00 AC lot

C-zoned commercial land with public water and sewer service.

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C-Zoned Commercial Land

412 S 21st Street, Indianola, IA 50125

$356,000

1.70 AC lot

Commercial land with public water and sewer service for future development planning.

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Mixed-Use Property with Two Apartments

107 W Salem Ave, Indianola, IA 50125

$225,000

6,640 sqft

Commercial space and two electric residential units share a historic building with separate commercial utilities and shared laundry.

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C-Zoned Commercial Land

400 S 21st Street, Indianola, IA 50125

$249,900

1.21 AC lot

Commercial land with public water and sewer service in Indianola.

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Mixed-Use Building with Basement

110 N Howard St, Indianola, IA 50125

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16,776 sqft 0.39 AC lot

Large office and retail property with C-3 zoning, flexible tenancy options, and prominent town-square positioning.

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Agricultural Land with Cropland

Nevada Street, Indianola, IA 50125

$199,000

10.00 AC lot

Ag-zoned acreage with paved Nevada Street access and active row-crop production.

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Level Commercial Land

609 E 2nd Ave, Indianola, IA 50125

$65,000

7,500 sqft

Level commercial lot offering a compact development site with access to local amenities, schools, and major routes.

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CommercialSale, Indianola, IA

1008 S Jefferson Way, Indianola, IA 50125

$249,900

0.90 AC lot

Commercial land · 0.90 Acres

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Prime Commercial Land Opportunity

1100 N Jefferson Way, Indianola, IA 50125

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171,190 sqft 3.05 AC lot

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

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Contiguous Agricultural Land

Hwy 65/69, Indianola, IA 50125

$3,250,000

252.00 AC lot

Farm tract within city limits with highway access and ongoing row-crop production.

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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 50 active listings on our real estate platform. These investment opportunities span a total of 659,764 square feet of properties for sale, with an estimated market value of $26,251,290.

Sale prices for business properties in Indianola, IA start at $65,000, averaging $690,823, and reaching up to $3,250,000 — 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
Radcliffe - 50230	$324.5K
Indianola - 50125	$627.6K

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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