Mixed-Use

Underwood, IA Mixed-use Properties for Sale

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Council Bluffs, IA Crescent, IA Honey Creek, IA Oakland, IA Treynor, IA Missouri Valley, IA Omaha, NE Carter Lake, IA
Mixed-Use Property with Event Venue
Updated: Mar 28
Mixed-Use Property with Event Venue

131 3RD Street, Underwood, IA 51576

$320,000
2,268 sqft
2,268‑square‑foot mixed‑use commercial property
Three separate tenants: coffee shop, bakery, and event venue
Coffee shop and bakery buildings constructed in 2022
Event venue occupies a silo built in 2025
Venue accommodates up to 88 people
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See what stands out in Pottawattamie County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Mixed-Use Building With Apartments
Mixed-Use Building With Apartments

519 S MAIN Street, Council Bluffs, IA 51503

$225,000
3,976 sqft

Brick property combining commercial space with two leased apartments in distinct residential configurations.

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Historic Wedding Venue With Ballroom
Historic Wedding Venue With Ballroom

530 FIRST AVE, Council Bluffs, IA 51503

Contact for pricing
13,690 sqft

Two-story brick building with preserved architectural features, event-venue improvements, and on-site parking.

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Quadplex With Attached Commercial Space
Quadplex With Attached Commercial Space

5511-5509-5505 N 30th Street, Omaha, NE 68111

$285,000

Four rented one-bedroom residences accompany a remodeled business area with a basement and full bathroom.

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Four-Unit Mixed-Use Building
Four-Unit Mixed-Use Building

5511 5511-5509-5505 N 30th St, Omaha, NE 68111

$285,000

All-brick property combines leased residences with an attached commercial area across from Metro Community College.

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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.

Papillion Land For Sale
Papillion Land For Sale

10111 S 71st Plaza, Papillion, NE 68133

Contact for pricing
1.32 AC lot

1.32 acre land parcel in Papillion, Nebraska.

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Corner Commercial Land Lot
Corner Commercial Land Lot

Villages of Monrovia lot: 34, Papillion, NE 68046

$78,000

Corner daylight lot within a mixed-use district planned for housing, retail, office space, trails, plazas, and restaurants.

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Walkout Lot in Mixed-Use Community
Walkout Lot in Mixed-Use Community

Villages of Monrovia lot: 42, Papillion, NE 68046

$85,000

Build-ready walkout lot within a planned mixed-use community that includes trails, retail, and office space.

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Daylight Corner Commercial Lot
Daylight Corner Commercial Lot

Villages of Monrovia lot: 23, Papillion, NE 68046

$90,000

Lot 23 is part of a planned mixed-use community with housing, retail, and office components.

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Underwood, IA Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Underwood, IA on our real estate platform. These investment opportunities span a total of 2,268 square feet of properties for sale, with an estimated market value of $320,000.

Sale prices for multi use buildings in Underwood, IA average $320,000 — 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 1,890
Population Growth (5Y) -9.1%
Median Household Income $107,679
College Educated 42.5%

Taxes & Financing

Tax Rate (average for all types) 1.32%
Property Tax per SF $53.78 per SF
Tax Rate vs County Average 1.70 pp below county avg
Average Loan-to-Value 65.0%

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