Underwood, IA Commercial real estate for sale

Updated: Mar 28

Mixed-Use Property with Event Venue

131 3RD Street, Underwood, IA 51576

$320,000

2,268 sqft

2,268‑square‑foot mixed‑use commercial property
Three separate tenants: coffee shop, bakery, and event venue
Coffee shop and bakery buildings constructed in 2022
Event venue occupies a silo built in 2025
Venue accommodates up to 88 people

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Updated: Mar 25

Underwood Motel & Extended Stay

26553 Magnolia Road, Underwood, IA 51576

$1,200,000

12,770 sqft 1.37 AC lot

Prime location adjacent to I‑80 (Exit 17) with high visibility and accessibility.
Only one of two motels/hotels within a 13‑mile radius, minimizing competition.
Recent renovations in 2024 and extensive capital improvements enhance property value and appeal.
34 rooms including 9 extended stay suites with full kitchens, catering to diverse traveler needs.
Proximity to demand generators including I‑80 traffic, casinos, Jack Links plant, and Omaha attractions.

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Underwood Motel Near I-80

24936 Mulberry Lane, Underwood, IA 51576

$550,000

7,752 sqft 1.26 AC lot

21-unit motel with manager's apartment near I-80.

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See what stands out in Pottawattamie County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Underwood Commercial Property For Sale

131 3rd Street, Underwood, IA 51576

Contact for pricing

2,268 sqft

Commercial property with multiple buildings and business space potential.

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Former Bank Building For Sale

321 Highway St, Underwood, IA

Contact for pricing

1,200 sqft 0.29 AC lot

1,200 SF well-maintained building on 0.29 acres.

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Based on your search, we've compiled 71 Potential Opportunities for your consideration. Besides 5 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

7 Brew Coffee Ground Lease

2901 W Broadway, Council Bluffs, IA 51501

$1,958,000

510 sqft

Double drive-thru coffee operations are paired with a US Bank ATM ground lease.

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Farm with Cropland and Timber

29893 185th. St., Crescent, IA 51542

$975,000

95.00 AC lot

Open ground, wooded acreage, and grazing areas create a varied agricultural property with a possible homesite or cabin setting.

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Loess Hills Farm With Timber

29893 185th St, Honey Creek, IA 51542

$975,000

Mixed agricultural acreage combines cropland, wooded ground, and grazing areas.

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Historic Senior Living Community

25 Linden Ave S, Council Bluffs, IA 51503

Contact for pricing

63,097 sqft

36-unit independent senior living community in Council Bluffs, Iowa.

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Off-Market Properties in Underwood, IA

Consider similar Off-Market properties in Underwood, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.