Indianola, IA
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    Indianola, IA Mixed-use Properties for Sale

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    Norwalk, IA Prole, IA Milo, IA
    Mixed-Use Investment in Downtown Indianola
    $350,000
    2,400 SF
    Mixed-Use Investment in Downtown Indianola

    120 N Howard Street, Indianola, IA 50125

    Mixed-use property with commercial space and apartments in prime location.
    • Mixed‑use building with 1 main‑level commercial space and 3 upper apartments: two 1‑bedroom units and one 2‑bedroom unit
    • Gross rent reported at $3,325/month, plus additional income from a leased bonus storage space
    • Separate electric and gas meters for each unit; tenants pay their own electric and gas utilities (landlord pays water, trash, and taxes)
    • Brick construction with newer vinyl windows; electric baseboard heat and central air plus window A/C units
    • Public utilities: public water and public sewer; roof is rubber
    Updated: May 12
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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Indianola, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Des Moines Land Opportunity
    $149,950
    2.49 Acres
    Des Moines Land Opportunity

    2.49-acre parcel with potential for high-density residential conversion.

    2009-2013 Martin Luther King Jr Parkway, Des Moines, IA 50314

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    Historic Court Avenue Building For Sale
    Contact for pricing
    36,000 SF
    Historic Court Avenue Building For Sale

    Historic building in the Court Avenue district available for sale.

    216 Court Ave, Des Moines, IA 50309

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    Mixed-Use Development For Sale
    $3,417,227
    12,486 SF
    Mixed-Use Development For Sale

    20,400 SF mixed-use property with retail, office, and apartments.

    7040 NE 14th St, Ankeny, IA

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    Retail, Multifamily, Office, Mixed Use
    $3,417,227
    6,358 SF
    Retail, Multifamily, Office, Mixed Use

    Mixed-use properties · 6,358 SF

    7040 NE 14th St, Ankeny, IA 50023

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Des Moines Land For Sale
    $275,000
    6.82 Acres
    Des Moines Land For Sale

    6.8-acre property zoned NX2, ideal for residential development.

    7301 SE 14th Street, Des Moines, IA 50320

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    Des Moines Development Opportunity
    $300,000
    1.92 Acres
    Des Moines Development Opportunity

    1.92 acres of land zoned RX1 in Des Moines.

    3101 SE 22nd Street, Des Moines, IA 50320

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    Des Moines Development Opportunity
    $300,000
    1.92 Acres
    Des Moines Development Opportunity

    1.92 acres of land suitable for various development projects.

    3101 SE 22nd St, Des Moines, IA 50320

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    Ocean-View Development Land in Ostional
    $2,000,000
    19.84 Acres
    Ocean-View Development Land in Ostional

    19.84-acre development land with ocean views, subdivided into 20 lots.

    Des Moines, 50309

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    Off-Market Properties in Indianola, IA

    Consider similar Off-Market properties in Indianola, 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.

    400 J St
    OFFICE/RESIDENTIAL (MIXED USE)
    7,648 SF Lot: 0.51 Acres
    Estimated value
    $975,000

    400 J St, Indianola, IA 50125-2158

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    117 Salem Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    9,272 SF Lot: 0.18 Acres
    Estimated value
    $1,065,000

    117 Salem Ave, Indianola, IA 50125-2516

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    108 Ashland Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    4,095 SF Lot: 0.15 Acres
    Estimated value
    $805,000

    108 Ashland Ave, Indianola, IA 50125-2523

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    113 Salem Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    4,704 SF Lot: 0.08 Acres
    Estimated value
    $615,000

    113 Salem Ave, Indianola, IA 50125-2518

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    101 Salem Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    1,088 SF Lot: 0.03 Acres
    Value Estimation by Request

    101 Salem Ave, Indianola, IA 50125-2518

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    106 Salem Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    2,860 SF Lot: 0.03 Acres
    Value Estimation by Request

    106 Salem Ave, Indianola, IA 50125-2517

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    113 Salem Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    7,988 SF Lot: 0.21 Acres
    Estimated value
    $1,565,000

    113 Salem Ave, Indianola, IA 50125-2571

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    112 Salem Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    3,700 SF Lot: 0.05 Acres
    Estimated value
    $510,000

    112 Salem Ave, Indianola, IA 50125-2549

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    Indianola, IA Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 9 mixed-use properties for sale in Indianola, IA on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $350,000.

    Sale prices for multi use buildings in Indianola, IA start at $350,000, averaging $350,000, and reaching up to $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 20K
    Population Growth (5Y) -1.7%
    Median Household Income $86,463
    College Educated 44.7%

    High-Yield Neighborhoods for Investment

    Identify Indianola submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    50125 $350K

    Taxes & Financing

    Tax Rate (average for all types) 2.36%
    Property Tax per SF $35.69 per sq ft
    Tax Rate vs County Average 0.33 pp below county avg
    Average Loan-to-Value 65.0%

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