$315,000
( $47.44Per Sq Foot )
 $1,691 est/mo Sourced by Back At You

107 W Salem Avenue , Indianola, IA 50125

Indianola, IA 50125

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Description

This is a rare opportunity to acquire a mixed-use property on the popular Indianola Square! With 7,445 sq. ft of Commercial use and 2 Residential units comprised of a studio apt. & a good-sized 2 bedroom apt., this property would be a valuable addition to your investment portfolio. The Commercial portion has separate H20, gas & electric. It offers (3) 1/2 baths and (1) 3/4 baths & an office. There is enough space to personalize or add more rental opportunities with a back door to the alley. Residential is all electric with window air conditioning and convenient, shared Laundry. Both units offers 1 full bath each. The 3rd level does provide an opportunity to convert the Commercial's 3rd level into another studio apartment...Sooo many options with this property!

Details

MLS#701231
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1890
Days On Site31
Listing Provided ByIowa Realty South | Brady Jackson

Features

SQ Feet6,640
ZoningC MR
Acreage0.13

Market Activity 50125

The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Listings Checked: 47 seconds ago
StateIA
CountyWarren
CityIndianola
Zip Code50125
AreaIndianola
Listing VS Median (in 50125)
Price:
$315,000
low | high
Med:
$348,700
39.301587301587% of Average
SqFt:
6,640
low | high
Med:
1,420
100% of Average
$ / SqFt:
$47
low | high
Med:
$247
100% of Average
On Site:
31
low | high
Med:
27.500000
100% of Average
Sourced by Back At You
Listing Updated: August 29, 2024 at 11:23:58 AM PDT