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    Underwood, IA Retail Properties & Spaces for Sale

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    Council Bluffs, IA Treynor, IA Shelby, IA
    Underwood Commercial Property For Sale
    $365,000
    2,268 SF
    Underwood Commercial Property For Sale

    131 3RD Street, Underwood, IA 51576

    Commercial property in Underwood, Iowa with multiple buildings and spaces.
    • Prime Main Street location in Underwood, Iowa, offering excellent visibility and exposure.
    • Three separate buildings with potential for up to four individual business spaces.
    • Versatile property suitable for retail, office, or service‑based operations.
    • Located within a well‑established and supportive small‑town business community.
    • New construction: Built in 2022.
    Updated: Mar 28
    View details
    Underwood Commercial Property For Sale
    $365,000
    2,268 SF
    Underwood Commercial Property For Sale

    131 3rd Street, Underwood, IA 51576

    Commercial property with multiple buildings and business space potential.
    • Prime Main Street location in Underwood, Iowa, offering excellent visibility and exposure.
    • Three separate buildings with potential for up to four individual business spaces, providing flexible use.
    • Strong income‑generating opportunities for investors or owner‑occupants.
    • Situated within a well‑established and supportive small‑town business community.
    • Benefits from consistent traffic and community engagement due to surrounding local businesses.
    Updated: May 9
    View details
    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 2 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 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.

    Renovated Retail/Office Space For Sale
    $999,000
    Renovated Retail/Office Space For Sale

    Renovated property with retail/office space and lower level storage.

    7419 N 30th St |, Omaha, NE 68112

    View details
    Historic Downtown Retail Property
    $215,000
    2,638 SF
    Historic Downtown Retail Property

    Retail property in Historic Downtown Florence available for sale.

    8516 N 30th St, Omaha, NE 68112

    View details
    Multi-Tenant Commercial Building with Upside
    $3,330,000
    35,002 SF
    Multi-Tenant Commercial Building with Upside

    35,002 SF multi-tenant building with income and growth potential.

    7 S 4th Street, Council Bluffs, IA 51503

    View details
    Retail Space in Education Hub
    $1,641,424
    2,160 SF
    Retail Space in Education Hub

    Retail space for sale in a strategic location.

    2810 W Broadway, Council Bluffs, IA 51501

    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.

    Corner Lot on High-Traffic Corridors
    $659,000
    0.46 Acres
    Corner Lot on High-Traffic Corridors

    Vacant land with high visibility, suitable for retail or office.

    7105 Military Avenue, Omaha, NE 68104

    View details
    High-Traffic Corner Vacant Land
    Contact for pricing
    0.91 Acres
    High-Traffic Corner Vacant Land

    Vacant land with high visibility, ideal for commercial development.

    4115 S 72nd St, Omaha, NE 68104

    View details
    Prime Commercial Land Opportunity
    $1,637,964
    3.13 Acres
    Prime Commercial Land Opportunity

    Land available for sale, lease, or build-to-suit in LaVista.

    7428 S 120th St, La Vista, NE 68128

    View details
    0.87 Acre Outparcel For Sale
    Contact for pricing
    0.87 Acres
    0.87 Acre Outparcel For Sale

    0.87 acre outparcel with great visibility and access.

    2109 Towne Centre Dr, Bellevue, NE 68123

    View details

    Off-Market Properties in Underwood, IA

    Consider similar Off-Market properties in Underwood, 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.

    24974 Mulberry Ln
    BAR, TAVERN
    2,680 SF Lot: 1.25 Acres
    Value Estimation by Request

    24974 Mulberry Ln, Underwood, IA 51576-3810

    View details
    138 3rd St
    RETAIL STORES (PERSONAL SERVICES)
    1,344 SF Lot: 0.08 Acres
    Value Estimation by Request

    138 3rd St, Underwood, IA 51576-8015

    View details
    401 2nd Ave
    RETAIL STORES (PERSONAL SERVICES)
    2,200 SF Lot: 0.14 Acres
    Value Estimation by Request

    401 2nd Ave, Underwood, IA 51576-5401

    View details
    118 3rd St
    RESTAURANT
    2,484 SF Lot: 0.16 Acres
    Value Estimation by Request

    118 3rd St, Underwood, IA 51576-8015

    View details
    24682 Railroad Hwy
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 12.48 Acres
    Value Estimation by Request

    24682 Railroad Hwy, Underwood, IA 51576

    View details
    231 3rd St
    RETAIL STORES (PERSONAL SERVICES)
    1,760 SF Lot: 0.16 Acres
    Value Estimation by Request

    231 3rd St, Underwood, IA 51576-8017

    View details
    321 Hwy St
    RETAIL STORES (PERSONAL SERVICES)
    2,542 SF Lot: 0.29 Acres

    321 Hwy St, Underwood, IA 51576-5023

    View details
    26874 Magnolia Rd
    RETAIL STORES (PERSONAL SERVICES)
    7,500 SF Lot: 3.00 Acres
    Value Estimation by Request

    26874 Magnolia Rd, Underwood, IA 51576

    View details
    26325 Magnolia Rd
    RETAIL STORES (PERSONAL SERVICES)
    385,000 SF Lot: 161.03 Acres
    Estimated value
    $27,670,000

    26325 Magnolia Rd, Underwood, IA 51576-3758

    View details
    109 3rd St, Unit 3
    RETAIL STORES (PERSONAL SERVICES)
    960 SF Lot: 0.08 Acres
    Value Estimation by Request
    it 3

    109 3rd St, Underwood, IA 51576

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    218 Hwy St
    RETAIL STORES (PERSONAL SERVICES)
    2,400 SF Lot: 0.21 Acres
    Value Estimation by Request

    218 Hwy St, Underwood, IA 51576

    View details
    25103 Railroad Hwy
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 4.92 Acres
    Value Estimation by Request

    25103 Railroad Hwy, Underwood, IA 51576

    View details
    26276 Magnolia Rd
    RETAIL STORES (PERSONAL SERVICES)
    26,800 SF Lot: 6.96 Acres
    Estimated value
    $695,000

    26276 Magnolia Rd, Underwood, IA 51576-3734

    View details
    26551 Magnolia Rd
    CONVENIENCE STORE
    3,769 SF Lot: 3.50 Acres
    Value Estimation by Request

    26551 Magnolia Rd, Underwood, IA 51576-3762

    View details
    701 Hwy St
    RETAIL STORES (PERSONAL SERVICES)
    6,000 SF Lot: 8.87 Acres
    Value Estimation by Request

    701 Hwy St, Underwood, IA 51576-5052

    View details
    210 3rd St, Unit 14
    RETAIL STORES (PERSONAL SERVICES)
    3,680 SF Lot: 0.16 Acres
    Value Estimation by Request
    it 14

    210 3rd St, Underwood, IA 51576

    View details
    Underwood, IA 51576
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.08 Acres
    Value Estimation by Request

    Underwood, IA 51576

    View details

    Underwood, IA Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 19 retail properties & spaces for sale in Underwood, IA on our real estate platform. These investment opportunities span a total of 4,536 square feet of properties for sale, with an estimated market value of $730,000.

    Sale prices for stores in Underwood, IA start at $365,000, averaging $365,000, and reaching up to $365,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 2

    Demographics Overview

    Population 1,890
    Population Growth (5Y) -9.1%
    Median Household Income $107,679
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    51576 $365K

    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%

    Listings Trend

    New vs delisted commercial listings in Pottawattamie County

    New Delisted

    Total CRE Inventory on Market (SF)

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