202 9th St Indianola, IA 50125-2824
This exceptional 3,120 square foot commercial property, situated on a 0.24-acre lot in Indianola, Iowa, presents a unique investment opportunity. Ideally located on the east side of town, this retail space enjoys convenient access to Highway 92 and proximity to all levels of schools, ensuring high visibility and accessibility. The building boasts a flexible layout, featuring twelve private offices, five of which can be easily opened to create larger, shared workspaces. A dedicated conference room, equipped with a projector screen, is perfect for meetings and presentations. Additional amenities include two bathrooms, a well-appointed kitchen/break area, and a practical utility room. A separate loading/storage area simplifies deliveries and inventory management, adding to the property's operational efficiency. The property's versatility makes it suitable for a wide range of businesses, including but not limited to therapy practices, spas, salons, co-working spaces, medical or wellness clinics, and professional offices such as law or financial firms. The adaptable office configuration also allows for larger group activities like training sessions or small classes. Ample parking is available on the 0.24-acre lot. A pre-inspection has been completed, providing peace of mind for potential buyers. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location. Don't miss out!
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Sculpted Plus Spa & Massage Center Alternative Medicine Practice
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.