Mixed-Use Retail with Living
For Sale
$234,000
301 2nd Avenue, Indianola, IA 50125
Mixed-use building offers retail space plus onsite living quarters and a detached two-car garage.
Property Size2,256 SF
Price / SF$103.72
Days on Market144
Property Features for 301 2nd Avenue
General Information
Standard status
Active
Size
2,256 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$3,118
Amenities
Central Air, Window Air Conditioning, Gas
3
Building Details
Year Built
1950
Listing Agency:
Iowa Realty Indianola
(515) 453-5347
Listed By:
Nancy Laxton · License #0608838
(515) 453-5347
Source:
Xome
Added: Mar 18
Changed: Aug 7
Last Checked: Aug 7 at 1:58AM
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 Indianola
Investment Insights
Based on property information with market context.
This mixed-use property combines commercial/retail space with dedicated living quarters. The building includes an option for the commercial area to be split into two separate business or tenant occupants, and it is supported by a half bath serving the retail space and a full bath located in the living quarters. Additional on-site features include insulated attic storage, a newer water heater, two furnaces, a window AC unit in the living area, central AC in the commercial portion, and a commercial de-humidifier.
Off-street parking is available, and the property also includes a detached two-car garage. Additional building details beyond the configuration described above are not provided.
Overall, the layout is designed to support an owner-operator approach with the convenience of operating and living in the same building, with the flexibility to operate the commercial area with one or two occupants depending on the tenant split you choose.
Off-street parking is available, and the property also includes a detached two-car garage. Additional building details beyond the configuration described above are not provided.
Overall, the layout is designed to support an owner-operator approach with the convenience of operating and living in the same building, with the flexibility to operate the commercial area with one or two occupants depending on the tenant split you choose.
Key Highlights
- Mixed‑use property with 2,640 SF commercial/retail space and 936 SF living area (3,576 SF total)
- Commercial/retail space has an option to be split for two separate business or tenant occupants
- On‑site living quarters with 3 furnaces and window AC in the living area; central AC in the commercial portion plus a commercial de‑humidifier
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Mixed-use building offers retail space plus onsite living quarters and a detached two-car garage.
Where is this live-work space located?
The property is located at 301 2nd Avenue Indianola, IA.
What is the asking price?
The asking price for this property is $234,000.
What are key features of this property?
This property features: Mixed‑use property with 2,640 SF commercial/retail space and 936 SF living area (3,576 SF total); Commercial/retail space has an option to be split for two separate business or tenant occupants; On‑site living quarters with 3 furnaces and window AC in the living area; central AC in the commercial portion plus a commercial de‑humidifier
