Advertise
    Underwood, IA
    Storefront

    Underwood, IA Storefront Properties for Sale

    Notify Me
    List
    Map
    Council Bluffs, IA Crescent, IA Honey Creek, IA Treynor, IA Omaha, NE Missouri Valley, IA Carter Lake, IA Shelby, IA
    Multi-Building Main Street Retail
    Updated: Mar 28
    Multi-Building Main Street Retail

    131 3RD Street, Underwood, IA 51576

    $330,000
    2,268 sqft
    Commercial property on Main Street in Underwood, Iowa, with three separate buildings for up to four business spaces
    Up to four individual business spaces offer flexibility for multiple uses or income opportunities
    Cooling provided via ductless system
    Roof features include metal and flat roofing
    Year built: 2022
    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

    Contact for pricing
    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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Renovated Retail Building with Freight Elevator
    Renovated Retail Building with Freight Elevator

    7419 N 30th St, Omaha, NE 68112

    Contact for pricing
    12,640 sqft

    Renovated retail building with freight elevator serving clean, dry lower-level storage and 9'2" ceilings.

    View details
    Single-Tenant Retail Property
    Single-Tenant Retail Property

    3150 24th Ave, Council Bluffs, IA 51501

    $1,500,000

    100% leased storefront investment occupied by Hometown Cookout with 5.5 years remaining on the current lease term.

    View details
    Mixed-Use Retail Building with Patio
    Mixed-Use Retail Building with Patio

    1402 Howard Street, Omaha, NE 68102

    $4,000,000

    Historic two-story brick mixed-use building offers a rooftop patio for an elevated tenant experience.

    View details
    Commercial Storefront Property
    Commercial Storefront Property

    2950 WEST BROADWAY, Council Bluffs, IA 51503

    Contact for pricing
    2,400 sqft

    Commercially zoned storefront property along West Broadway in Council Bluffs.

    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 Land with Approved Plans
    Commercial Land with Approved Plans

    590 S 10th Street, Blair, NE 68008

    $350,000
    2.43 AC lot

    Commercial land with multiple zoning designations and city-approved plans for storefront, office, garage, and warehouse improvements.

    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 $330,000.

    Sale prices for retail units in Underwood, IA average $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

    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 $330K

    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

    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!