Retail

Russell, IA Retail Properties & Spaces for Sale

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Established Market with Outdoor Amenities
Updated: Dec 5, 2025
Established Market with Outdoor Amenities

114 S Prairie Street, Russell, IA 50238

$200,000
0.33 AC lot
Includes all inventory, supplies, and equipment for immediate operation
Half‑block of land featuring a patio, stage, furniture, and private yard area
Ideal for hosting events or live entertainment
Well‑established business with a great reputation
Offered at a bargain price
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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Russell, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

Three-Story Historic Commercial Building
Three-Story Historic Commercial Building

300 N 12Th Street, Centerville, IA 52544

$159,900
7,000 sqft

Three-story building with newer windows, newer furnace, and storage, with main-level space suited to retail or offices.

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Mixed-Use Retail with Living Quarters
Mixed-Use Retail with Living Quarters

301 W 2nd Avenue, Indianola, IA 50125

$239,000
2,256 sqft

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

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Mixed-Use Building with Three Apartments
Mixed-Use Building with Three Apartments

120 N Howard Street, Indianola, IA 50125

$350,000
2,400 sqft 0.10 AC lot

Ground-floor commercial space and three upper apartments, with separate electric and gas meters and newer vinyl windows.

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Regional Retail & Medical Center
Regional Retail & Medical Center

1015 N 18th Street, Centerville, IA 52544

Contact for pricing

Regional shopping center remodeled in multiple periods, with a tenant mix including health center and dining operators.

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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.

Commercial Land Near Lake Rathbun
Commercial Land Near Lake Rathbun

158 Lake Drive, Melrose, IA 52569

$129,000
2.76 AC lot

Commercial land with frontage on Hwy S70 near Lake Rathbun.

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Indianola Commercial & Rural Land
Indianola Commercial & Rural Land

Nevada Street & 118th Avenue, Indianola, IA 50125

Contact for pricing
6.63 AC lot

Commercial and rural development opportunity on Nevada Street, Indianola, Iowa.

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Commercial Lots in Indianola, Iowa
Commercial Lots in Indianola, Iowa

305 S 21st Avenue, Indianola, IA 50125

$219,900
1.05 AC lot

Commercial lots with high visibility and accessibility in Indianola.

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Commercial Land in Indianola, Iowa
Commercial Land in Indianola, Iowa

300 S 21st Street, Indianola, IA 50125

$389,900
1.63 AC lot

1.63 acre commercial land for sale in Indianola, Iowa.

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Off-Market Properties in Russell, IA

Consider similar Off-Market properties in Russell, 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.

Russell, IA 50238
RETAIL STORES (PERSONAL SERVICES)

Russell, IA 50238

Value Estimation by Request
1,700 sqft
View details
106 Pr St
RESTAURANT

106 Pr St, Russell, IA 50238

Value Estimation by Request
1,536 sqft 0.05 AC lot
View details
109 Shaw St
RETAIL STORES (PERSONAL SERVICES)

109 Shaw St, Russell, IA 50238-7739

Value Estimation by Request
454 sqft
View details
105 Shaw St
RETAIL STORES (PERSONAL SERVICES)

105 Shaw St, Russell, IA 50238

Value Estimation by Request
1,628 sqft 0.07 AC lot
View details
111 Shaw St
RETAIL STORES (PERSONAL SERVICES)

111 Shaw St, Russell, IA 50238-7739

Value Estimation by Request
3,080 sqft
View details
210 Shaw St
NIGHTCLUB (COCKTAIL LOUNGE)

210 Shaw St, Russell, IA 50238

Value Estimation by Request
2,772 sqft
View details
113 Shaw St
RETAIL STORES (PERSONAL SERVICES)

113 Shaw St, Russell, IA 50238-7739

Value Estimation by Request
7,876 sqft
View details
114 Pr St
CONVENIENCE STORE

114 Pr St, Russell, IA 50238-7772

Value Estimation by Request
2,211 sqft 0.33 AC lot
View details
47018 290th Ave
SERVICE STATION (FULL SERVICE)

47018 290th Ave, Russell, IA 50238-7600

Value Estimation by Request
3,952 sqft 1.23 AC lot
View details

Russell, IA Retail Properties & Spaces Market Trends and Statistics

Explore 10 retail properties & spaces for sale in Russell, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $200,000.

Sale prices for stores in Russell, IA start at $200,000, averaging $200,000, and reaching up to $200,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Grocery and convenience stores 1

Demographics Overview

Population 1,089
Population Growth (5Y) -18.4%
Median Household Income $67,708
College Educated 19.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50238 $200K

Taxes & Financing

Tax Rate (average for all types) 1.38%
Property Tax per SF $4.34 per SF
Tax Rate vs County Average 1.34 pp below county avg
Average Loan-to-Value 65.0%

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