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    Indianola, IA

    Indianola, IA Commercial Real Estate for Sale

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    Norwalk, IA Prole, IA Palmyra, IA Saint Charles, IA Milo, IA Saint Marys, IA Des Moines, IA Martensdale, IA
    47 properties
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    Triplex with Ground-Floor Commercial Space
    Updated: May 12
    Triplex with Ground-Floor Commercial Space

    120 N Howard Street, Indianola, IA 50125

    $350,000
    2,400 sqft 0.10 AC lot
    0.1033‑acre lot and 2,400 square feet total
    One ground‑floor commercial space with long‑term tenant of nearly 10 years
    Three apartments: two 1‑bedroom units and one 2‑bedroom unit
    Bonus storage space leased by a long‑term tenant
    Newer vinyl windows and electric baseboard heat; window unit(s) plus central air
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    This listing looks promising.

    Here's a quick look at some key insights for

    120 N Howard Street, Indianola, IA 50125

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Mortgage

      $116K
      Dec 2016

    • Last Sold

      Dec 2016
      $145K

    • Property Type

      Retail Stores
      Built 1900
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    ADA-Compliant Office Building with Showroom
    Updated: Jul 10
    ADA-Compliant Office Building with Showroom

    1004 S Jefferson Way, Indianola, IA 50125

    $399,900
    0.54 AC lot
    ADA‑compliant floor plan with five or more private offices, reception/entry, showroom, full kitchen, and abundant storage
    Approximately 100 feet of highly visible highway frontage near 65/69 (Jefferson Way) & Highway 92 (2nd Ave)
    0.544‑acre lot with ample parking and room for future expansion
    Detached two‑car garage adds storage or workspace
    Framed building with forced‑air natural gas heat and central air
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    Commercial Land Development Site
    Commercial Land Development Site

    501 E Hillcrest Avenue, Indianola, IA 50125

    $2,100,000
    48.00 AC lot

    Development land with a private pond, rolling terrain, public water, and septic tank for on-site services.

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    Mixed-Use Retail with Living Quarters
    Mixed-Use Retail with Living Quarters

    301 W 2nd Avenue, Indianola, IA 50125

    $234,000
    2,256 sqft

    Mixed-use building offers retail space plus onsite living quarters and a detached two-car garage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Highway-Frontage Commercial Land
    Highway-Frontage Commercial Land

    711 E 2nd Avenue, Indianola, IA 50125

    $250,000
    1.92 AC lot

    Flat, fully cleared C-2 lot with highway frontage and utilities available at the boundary for a range of commercial uses.

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    Office Suite with Multiple Offices
    Office Suite with Multiple Offices

    1011 N Jefferson Way, Indianola, IA 50125

    Contact for pricing
    1.05 AC lot

    Zoned C2 office/service/retail space with central air, forced-air heat, and three ADA-compliant restrooms.

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    Indianola Commercial & Rural Land
    Indianola Commercial & Rural Land

    Nevada Street & 118th Avenue, Indianola, IA 50125

    Contact for pricing
    6.63 AC lot

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

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    M-2 Industrial Development Land
    M-2 Industrial Development Land

    G36 Hwy, Indianola, IA 50125

    $1,898,400
    27 sqft 27.12 AC lot

    M-2 zoned development land with electricity to both halves and nearby water and sewer.

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    Land For Sale Indianola, Iowa
    Land For Sale Indianola, Iowa

    R57 Highway, Indianola, IA 50125

    $325,000
    8.00 AC lot

    8 acre agricultural land parcel in Indianola, Iowa.

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    Versatile Agricultural Development Land
    Versatile Agricultural Development Land

    Nevada Street, Indianola, IA 50125

    $199,000
    10.00 AC lot

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

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    Prime Land in Indianola, IA
    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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    Agricultural Land With Timber
    Agricultural Land With Timber

    143rd Avenue, Indianola, IA 50125

    $335,000
    20.30 AC lot

    20.30-acre parcel offers open farmland, timber, and FSA tillable acres for residential, recreational, and agricultural uses.

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    Agricultural Land with Stable Building
    Agricultural Land with Stable Building

    19254 130th Avenue, Indianola, IA 50125

    $164,999
    15.87 AC lot

    15.87-acre AG-zoned parcel near Indianola with rural water and an on-site stable building.

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    ADA-Compliant Highway-Front Office Building
    ADA-Compliant Highway-Front Office Building

    1004 S Jefferson Way, Indianola, IA 50125

    Contact for pricing
    1,932 sqft

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

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    Highly Productive Tillable Farmland
    Highly Productive Tillable Farmland

    Street, Indianola, IA 50125

    $345,000
    35.54 AC lot

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

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    Commercial Land
    Commercial Land

    2103 N 3rd Lane, Indianola, IA 50125

    $285,000
    0.64 AC lot

    C2 zoned commercial lot with public water and sewer, utilities along the street, and an approach already in place.

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    Restaurant Building with Drive-Through
    Restaurant Building with Drive-Through

    910 E 2nd Ave, Indianola, IA 50125

    $695,000
    0.57 AC lot

    Restaurant building with a dedicated kitchen, two restrooms, office space, fireplace, and a drive-through window.

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    Highly Tillable Agricultural Land
    Highly Tillable Agricultural Land

    Street, Indianola, IA 50125

    $345,000
    35.54 AC lot

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

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    Retail Space in Indianola, Iowa
    Retail Space in Indianola, Iowa

    610 N Jefferson Way, Indianola, IA 50125

    Contact for pricing
    6,856 sqft

    Retail space available in Indianola with affluent demographics.

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    Industrial Land in Indianola, Iowa
    Industrial Land in Indianola, Iowa

    G36 Highway, Indianola, IA 50125

    $1,898,400
    30.20 AC lot

    30.2 acres of industrial development land near major highways.

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    Industrial Development Land
    Industrial Development Land

    00 G36 Highway, Indianola, IA 50125

    $1,898,400

    Zoned M-2 general industrial with electricity to both halves and water and sewer available nearby.

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    Zoned Agricultural Building Site
    Zoned Agricultural Building Site

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

    $209,900
    10.03 AC lot

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

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    1100 N Jefferson Way, Indianola, IA 50125

    $1,993,000
    3.05 AC lot

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

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    City-Edge Agricultural Land
    City-Edge Agricultural Land

    Hwy 65/69, Indianola, IA 50125

    $3,250,000
    252.00 AC lot

    Large contiguous farmland tract within city limits, positioned along a state highway near established residential development.

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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 47 active listings on our real estate platform. These investment opportunities span a total of 24,094 square feet of properties for sale, with an estimated market value of $24,986,203.

    Sale prices for business properties in Indianola, IA start at $164,999, averaging $806,006, 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
    Des Moines $304.5K
    Radcliffe $324.5K
    Indianola $707.6K

    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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    Most Searched ZIP Codes in Indianola, IA

    • 50125
    • 50320

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