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Multi-Office Building
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Pending

200 E 2nd Ave, Indianola, IA 50125

Office building with lobby, five offices, and bathroom on the main floor, plus partially finished basement space.

Property SizeContact for details
Days on Market120

Property Features for 200 E 2nd Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Office Units 5
Listing Agency: Iowa Realty
Listed By: Barb Mcmurry · License #IA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 7 at 6:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iowa Realty

Investment Insights

Based on property information with market context.

This office property includes a main floor lobby with five offices and a bathroom. The basement features poured concrete walls, a 3/4 bath, and partially finished space.

Recent updates include a new furnace and central air installed in 2022.

The property is noted as having a Business property tax credit.

Key Highlights

  • Main floor includes lobby, 5 offices, and a bathroom
  • Basement features poured concrete walls, 3/4 bath, and partially finished space
  • New furnace and central air installed in 2022

Property Analytics

Current Use

Iowa State University ... County Government Office Iowa Water Quality ... Association Or Organization Warren County Farm ... Charitable Organization Cyber Solutions (Bike/Boat/Book/etc) Store A G Marketing Solutions Advertising Agency

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Skin Care Clinic Furniture & Home Goods HVAC Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units

Location Intelligence

Trade Area within ½ mile

314
Businesses Nearby

Demographics for 50125, IA

20,906
Population
8,039
Households
2.6
Avg Household Size
39
Median Age
34%
College-Educated
97%
High-School Grad
162.4 sq mi
ZIP Area
129
Density / Sq Mi
$86,463
Median Household Income
$42,822
Median Earnings
$975
Median Rent
$248,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building with lobby, five offices, and bathroom on the main floor, plus partially finished basement space.
Where is this office building located?
The property is located at 200 E 2nd Ave Indianola, IA.
What are key features of this property?
This property features: Main floor includes lobby, 5 offices, and a bathroom; Basement features poured concrete walls, 3/4 bath, and partially finished space; New furnace and central air installed in 2022
More about this property
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