Mixed-Use Building with Living
For Sale
$234,000
Pending
301 W 2nd Avenue, Indianola, IA 50125
CommercialSale, Indianola, IA
Property Size3,576 SF
Lot Size0.21 Acres
Days on Market144
Property Features for 301 W 2nd Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Directions
From Intersection of Jefferson and W 2nd (Hwy 65/59 & Hwy 92) west to 301 on 2nd Ave
Subdivision
Indianola
Standard status
Pending
APN
48860001441
Lot size
0.21 Acres
Taxes and HOA fees
Tax Description
25-76-24 AUDITOR OUIT LOTS 65'x140' IN NE COR OL 144
Tax Annual Amount
3118
Legal Description
25-76-24 AUDITOR OUIT LOTS 65'x140' IN NE COR OL 144
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air, Window Unit(s)
Water source
Public
Amenities
insulated attic storage
newer water heater
two furnaces
window AC unit
central AC
commercial de-humidifier
Building Details
Year built
1950
Building materials
Block, Frame
Listing Agency:
Iowa Realty Indianola
(515) 453-6600
Listed By:
NANCY LAXTON
(515) 453-5347
Added: Apr 1
Changed: Aug 19
Last Checked: Aug 22 at 2:06AM
MLS# 737483
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1950 mixed-use building contains 3,576 square feet overall, including 2,640 square feet of commercial or retail area and 936 square feet of residential space. The business portion can be configured for two separate occupants and includes a half bath. The living area has a full bath, while insulated attic storage adds functional support space. A detached two-car garage is also included.
The property occupies 0.21 acres at 301 W 2nd Avenue in Indianola, Iowa. Off-street parking is available on the site. Public water and public sewer serve the property. Building systems include two forced-air, natural-gas furnaces, central air conditioning in the commercial area, a window unit in the living area, and a commercial dehumidifier. Block and frame construction complete the improvements.
The property occupies 0.21 acres at 301 W 2nd Avenue in Indianola, Iowa. Off-street parking is available on the site. Public water and public sewer serve the property. Building systems include two forced-air, natural-gas furnaces, central air conditioning in the commercial area, a window unit in the living area, and a commercial dehumidifier. Block and frame construction complete the improvements.
Key Highlights
- 3,576 SF total area with 2,640 SF commercial space and 936 SF living area
- C2 zoning with commercial or retail space that can be arranged for two occupants
- On‑site living quarters with a full bath
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
713
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?
Mixed-use property - C2-zoned mixed-use property combines commercial operations with on-site living quarters.
Where is this mixed-use property located?
The property is located at 301 W 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: 3,576 SF total area with 2,640 SF commercial space and 936 SF living area; C2 zoning with commercial or retail space that can be arranged for two occupants; On‑site living quarters with a full bath
