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    Underwood, IA
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    Underwood, IA Specialty 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 Space
    Updated: Mar 28
    Mixed-Use Property with Event Space

    131 3RD Street, Underwood, IA 51576

    $320,000
    2,268 sqft
    2,268‑square‑foot mixed‑use commercial property
    Three rental spaces: Louie's Coffee House, Mama Dot's Sweets and Bakery, and The Greenhouse Event Space
    Coffee house and bakery buildings constructed in 2022
    Event venue occupies a silo built in 2025 and accommodates up to 88 people
    Tenants pay all utilities except trash
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

    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.

    View details
    Specialty Property For Sale
    Specialty Property For Sale

    Omaha, NE 68135

    $107,000

    Specialty property offered for sale at 4527 S 202 Avenue in Elkhorn, Nebraska.

    View details
    NNN Bank Branch with Absolute Lease
    NNN Bank Branch with Absolute Lease

    43 Scott St, Council Bluffs, IA 51503

    Contact for pricing

    Fee-simple acquisition of a TS Bank branch on an absolute NNN lease with about 17 years remaining.

    View details
    Specialty Commercial Property
    Specialty Commercial Property

    2406 Fowler Ave, Omaha, NE 68111

    Contact for pricing

    For sale specialty commercial property at 2406 Fowler Ave, Omaha, suited for buyers seeking a non-standard commercial format.

    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.

    Buildable City Lot for Versatile Use
    Buildable City Lot for Versatile Use

    2415 Nebraska Street, Blair, NE 68008

    $40,000
    0.21 AC lot

    Flat, cleared city lot in Blair offers flexibility for office, day care, or multi-family development plans.

    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.

    300 2nd Ave
    CHARITABLE ORGANIZATION

    300 2nd Ave, Underwood, IA 51576-5402

    Estimated value:
    $425,000
    9,600 sqft 0.73 AC lot
    View details

    Underwood, IA Specialty Properties Market Trends and Statistics

    Explore 2 specialty 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 properties 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Wedding venues 1

    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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