107 W Salem Avenue, Indianola, IA 50125

Building Details

Year Built

1890

Listing office Iowa Realty South Show Phone

Listing date Jan 4, 2025

Source Exitrealty

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Overview

This mixed-use property is located on Indianola Square. The property includes 7,445 square feet of commercial space and two residential units, consisting of a studio apartment and a two-bedroom apartment. The commercial portion of the property has separate water, gas, and electric utilities, as well as three half baths, one three-quarter bath, and an office. There is space for personalization or additional rental opportunities with a back door to the alley. The residential units are all electric, with window air conditioning and shared laundry facilities. Each unit has one full bath.

Suggested Use

Law Firm Skin Care Clinic Big Box & Wholesale Store Building Supply HVAC Service Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Indianola

County

Warren

State

Iowa

Longitude

-93.561107

Latitude

41.360248

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FAQs

What type of property is this?

Mixed-use property - Mixed-use property with commercial space and residential units.

Where is this mixed-use property located?

The property is located at 107 W Salem Avenue Indianola, IA.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Mixed‑use property on the popular Indianola Square.; Boasting 7,445 sq. ft of Commercial space.; Two Residential units: a studio and a 2‑bedroom apartment.