Wedding Venue

Underwood, IA Wedding Venues 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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Event Venue and Flex Buildings
Event Venue and Flex Buildings

30030 W Reichmuth Rd, Valley, NE 68064

$800,000
12,500 sqft 4.83 AC lot

Two onsite buildings include a 2020 banquet hall and a 2017 flex building on 4.83 acres with highway access.

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Historic Church With Stained Glass
Historic Church With Stained Glass

108 N Hundley St, Albany, MO 64402

$75,000
4,000 sqft

Historic sanctuary with versatile interior spaces, accessibility features, kitchen facilities, and recent roof and water-heater improvements.

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Historic Church with Stained-Glass Dome
Historic Church with Stained-Glass Dome

108 N Hundley St, Albany, MO 64402

$75,000
4,000 sqft

Character-rich building includes a kitchen, office, three bathrooms, and two chair lifts.

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Turnkey Event Venue with Bank Hall
Turnkey Event Venue with Bank Hall

30030 W Reichmuth Rd, Valley, NE 68064

Contact for pricing
5,000 sqft

Former bank hall built in 2017, offering turnkey event operations and included equipment.

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Underwood, IA Wedding Venues Market Trends and Statistics

Explore 1 wedding venues 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 event centers 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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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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