Advertise
    Underwood, IA
    Storefront

    Underwood, IA Storefront Properties for Sale

    Notify Me
    List
    Map
    Council Bluffs, IA Treynor, IA Missouri Valley, IA Omaha, NE Shelby, IA Carter Lake, IA Oakland, IA Carson, IA
    Multi-Building Retail and Office Property
    Updated: Mar 28
    Multi-Building Retail and Office Property

    131 3RD Street, Underwood, IA 51576

    $330,000
    2,268 sqft
    Commercial property on Main Street in Underwood, Iowa, with ductless cooling and flat/metal roofing
    Year built: 2022
    Includes three separate buildings with potential for up to four individual business spaces
    Suitable for retail, office, or service‑based operations
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    131 3RD Street, UNDERWOOD, IA 51576

    View Property Analytics

    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $321K
      Suggested

    • Property Type

      Commercial (General)
      Built 2022
    View Property Analytics
    Underwood Commercial Property For Sale
    Updated: May 9
    Underwood Commercial Property For Sale

    131 3rd Street, Underwood, IA 51576

    $330,000
    2,268 sqft
    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.
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Downtown Mixed-Use Investment Property
    Downtown Mixed-Use Investment Property

    206 West Erie Street, Missouri Valley, IA 51555

    $300,000

    Turnkey mixed-use building with leased upstairs apartments and rentable main-level commercial frontage.

    View details
    Brick Office Building with Skylights
    Brick Office Building with Skylights

    2566 Leavenworth Street, Omaha, NE 68105

    $3,295,000
    24,020 sqft

    Bright office layout with skylights, multiple work areas, and gated on-site parking for an owner-operator or tenant.

    View details
    Retail Space on 24th Street
    Retail Space on 24th Street

    3121 S 24th St, Omaha, NE

    Contact for pricing
    14,530 sqft 1.69 AC lot

    Freestanding retail property on high-traffic corridor, available October 2027.

    View details
    Retail Storefront Property
    Retail Storefront Property

    1262 S 13th St, Omaha, NE 68108

    Contact for pricing

    For-sale storefront retail property on S 13th St in Omaha, suited for a variety of street-facing concepts.

    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.

    Commercial-Industrial Land with Approved Plans
    Commercial-Industrial Land with Approved Plans

    590 S 10th Street, Blair, NE 68008

    $350,000
    2.43 AC lot

    2.43-acre parcel in Blair, NE with Commercial/Industrial zoning and city-approved plans for retail office plus garage/warehouse space.

    View details
    Residential Lots in Vogler Development
    Residential Lots in Vogler Development

    N East Park Street lot: 7, Blk 2, Weeping Water, NE 68463

    $45,000
    0.23 AC lot

    Diverse building sites with utilities in Weeping Water, Nebraska.

    View details
    Residential Lots in Vogler Development
    Residential Lots in Vogler Development

    N East Park Street lot: 5-6, Blk 2, Weeping Water, NE 68463

    $45,000
    0.22 AC lot

    Diverse building sites in Weeping Water, utilities in place.

    View details
    Residential Lots in Vogler Development
    Residential Lots in Vogler Development

    N East Park Street lot: 1-2, Blk 2, Weeping Water, NE 68463

    $45,000
    0.22 AC lot

    Diverse building sites in Weeping Water, NE, with utilities.

    View details

    Underwood, IA Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties 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 $660,000.

    Sale prices for retail units in Underwood, IA start at $330,000, averaging $330,000, and reaching up to $330,000 — 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
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 2
    Shopping centers 1

    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 $347.5K

    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%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Underwood, IA

    Popular Categories

    Most Searched ZIP Codes in Underwood, IA

    • 51576

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!