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    Indianola, IA
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    Indianola, IA Retail Properties & Spaces for Sale

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    Norwalk, IA Ackworth, IA Prole, IA Milo, IA Palmyra, IA Martensdale, IA Saint Marys, IA Saint Charles, IA
    7 properties
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    Downtown Mixed-Use Building
    Updated: May 12
    Downtown Mixed-Use Building

    120 N Howard Street, Indianola, IA 50125

    $350,000
    2,400 sqft 0.10 AC lot
    2,400 square feet with one commercial space and three upper‑level apartments
    Residential mix includes two 1‑bedroom units and one 2‑bedroom unit
    0.1033‑acre lot at 120 N Howard Street in downtown Indianola
    Located across from the Warren County Courthouse and on the town square
    C/MR zoning with public water and public sewer
    View details
    Mixed-Use Building with Living Quarters
    Updated: Apr 1
    Mixed-Use Building with Living Quarters

    301 W 2nd Avenue, Indianola, IA 50125

    $234,000
    0.21 AC lot
    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
    Detached 2‑car garage and off‑street parking area
    0.21‑acre property at 301 W 2nd Avenue, Indianola, IA 50125
    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    107 W Salem Avenue, Indianola, IA 50125

    $225,000
    0.13 AC lot

    Two residential units complement the commercial space, with separate utility service for the business area.

    View details
    See what stands out in Warren 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.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Spacious Showroom with Classrooms
    Spacious Showroom with Classrooms

    1508 North Jefferson Way, Indianola, IA 50125

    $422,427
    6,528 sqft

    6,528 SF showroom featuring classrooms and office space.

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    Mixed-Use Property with Two Apartments
    Mixed-Use Property with Two Apartments

    107 W Salem Ave, Indianola, IA 50125

    $225,000
    6,640 sqft

    Commercial space and two electric residential units share a historic building with separate commercial utilities and shared laundry.

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    ADA-Compliant Highway-Front Office Building
    ADA-Compliant Highway-Front Office Building

    1004 S Jefferson Way, Indianola, IA 50125

    Contact for pricing
    1,932 sqft

    ADA-compliant office building with private offices, reception, showroom, and a full kitchen, plus strong highway exposure.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Retail with Living Quarters
    Mixed-Use Retail with Living Quarters

    301 W 2nd Avenue, Indianola, IA 50125

    $234,000
    2,256 sqft

    Mixed-use building offers retail space plus onsite living quarters and a detached two-car garage.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Indianola, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    Retail Property in Des Moines
    Retail Property in Des Moines

    6200 Southeast 14th Street, Des Moines, IA 50320

    $3,150,000
    14,560 sqft

    Single-tenant retail property operating as a Walgreens.

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    Shopping Center Inline Retail Opportunities
    Shopping Center Inline Retail Opportunities

    6720 Southeast 14th Street, Des Moines, IA 50320

    Contact for pricing
    45,722 sqft

    Flexible west mall inline space is available within a redeveloped mixed-use center anchored by health and community uses.

    View details
    Renovated Storefront Building
    Renovated Storefront Building

    30 School Street, Carlisle, IA 50047

    Contact for pricing
    2,848 sqft

    Updated commercial property suited to retail or street retail use in Carlisle.

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    Mixed-Use Building with Retail Space
    Mixed-Use Building with Retail Space

    155 N 1st Street, Carlisle, IA 50047

    Contact for pricing

    Three apartments and three commercial spaces create a combined residential and business configuration.

    View details

    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.

    C-Zoned Commercial Land
    C-Zoned Commercial Land

    401 S 21st Avenue, Indianola, IA 50125

    $209,800
    1.00 AC lot

    Commercial parcel with public water and sewer service.

    View details
    Commercial Land Parcel
    Commercial Land Parcel

    305 S 21st Avenue, Indianola, IA 50125

    $219,800
    1.05 AC lot

    C-zoned commercial land with public water and sewer service.

    View details
    C-Zoned Commercial Land
    C-Zoned Commercial Land

    300 S 21st Street, Indianola, IA 50125

    $389,800
    1.63 AC lot

    Commercial property with public water and sewer service in Indianola.

    View details
    One-Acre Commercial Land
    One-Acre Commercial Land

    405 S 21st Street, Indianola, IA 50125

    $209,800
    1.00 AC lot

    Commercial parcel with C zoning and access to public water and sewer services.

    View details

    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.

    216 Salem Ave
    RETAIL STORES (PERSONAL SERVICES)

    216 Salem Ave, Indianola, IA 50125-2421

    $230,000
    Estimated value
    3,000 sqft 0.07 AC lot
    View details
    115 Salem Ave
    RESTAURANT

    115 Salem Ave, Indianola, IA 50125-2516

    $270,000
    Estimated value
    8,000 sqft 0.10 AC lot
    View details
    214 Salem Ave
    RETAIL STORES (PERSONAL SERVICES)

    214 Salem Ave, Indianola, IA 50125-2421

    $255,000
    Estimated value
    2,625 sqft 0.10 AC lot
    View details
    901 2nd Ave
    AUTO REPAIR, GARAGE

    901 2nd Ave, Indianola, IA 50125-2229

    $255,000
    Estimated value
    1,200 sqft 0.32 AC lot
    View details
    408 Jefferson Way
    DRIVE-THRU RESTAURANT, FAST FOOD

    408 Jefferson Way, Indianola, IA 50125-1714

    $960,000
    Estimated value
    3,314 sqft 0.99 AC lot
    View details
    116 Ashland Ave
    RETAIL STORES (PERSONAL SERVICES)

    116 Ashland Ave, Indianola, IA 50125-2557

    $215,000
    Estimated value
    8,160 sqft 0.52 AC lot
    View details
    2312 Jefferson Way
    RETAIL STORES (PERSONAL SERVICES)

    2312 Jefferson Way, Indianola, IA 50125-9030

    $710,000
    Estimated value
    67,834 sqft 6.00 AC lot
    View details
    116 Ashland Ave
    RESTAURANT

    116 Ashland Ave, Indianola, IA 50125-2509

    $200,000
    Estimated value
    2,310 sqft 0.07 AC lot
    View details
    501 Jefferson Way
    RETAIL STORES (PERSONAL SERVICES)

    501 Jefferson Way, Indianola, IA 50125-1762

    $610,000
    Estimated value
    5,000 sqft 0.42 AC lot
    View details
    410 Jefferson Way
    RETAIL STORES (PERSONAL SERVICES)

    410 Jefferson Way, Indianola, IA 50125-2921

    $260,000
    Estimated value
    2,400 sqft 0.29 AC lot
    View details
    107 Salem Ave
    RESTAURANT

    107 Salem Ave, Indianola, IA 50125-2516

    $115,000
    Estimated value
    2,178 sqft 0.05 AC lot
    View details
    205 1st Ave
    RETAIL STORES (PERSONAL SERVICES)

    205 1st Ave, Indianola, IA 50125

    $95,000
    Estimated value
    1,760 sqft 0.17 AC lot
    View details
    400 Iowa Ave
    FINANCIAL BUILDING

    400 Iowa Ave, Indianola, IA 50125-1404

    $410,000
    Estimated value
    7,914 sqft 2.88 AC lot
    View details
    602 Jefferson Way
    RETAIL STORES (PERSONAL SERVICES)

    602 Jefferson Way, Indianola, IA 50125-1418

    $165,000
    Estimated value
    2,089 sqft 0.19 AC lot
    View details
    102 Howard St
    RETAIL STORES (PERSONAL SERVICES)

    102 Howard St, Indianola, IA 50125-2510

    $75,000
    Estimated value
    3,612 sqft 0.04 AC lot
    View details
    2105 3rd Ln
    RETAIL STORES (PERSONAL SERVICES)

    2105 3rd Ln, Indianola, IA 50125-9724

    $460,000
    Estimated value
    2,750 sqft 1.45 AC lot
    View details
    301 2nd Ave
    RETAIL STORES (PERSONAL SERVICES)

    301 2nd Ave, Indianola, IA 50125-2405

    $170,000
    Estimated value
    2,256 sqft 0.21 AC lot
    View details

    Indianola, IA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Indianola, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 19,756 square feet of properties for sale, with an estimated market value of $1,690,427.

    Sale prices for stores in Indianola, IA start at $225,000, averaging $281,737, and reaching up to $422,427 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 4
    Showrooms 2

    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 average listing prices of real estate assets

    Neighborhood Average Price
    50125 $226.7K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Warren County

    New Delisted

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    • 50125

    Featured Indianola Real Estate Agencies

    Realmo connects you with licensed Indianola CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Innovations Real Estate Inc.
    117 E Salem Ave. Indianola, IA 50125
    Phone: 15159625555
    www.soldincentraliowa.com

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