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107 W Salem Avenue Indianola, IA $ 275,000
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$ 275,000 Get more info
107 W Salem Avenue
$ 275,000
Back to search
Share Save

107 W Salem Avenue

Indianola, IA, 50125
$ 275,000
Bedrooms-- Baths-- Sq 6,640

Monthly Estimate*

$ 1,716

107 W Salem Avenue, Indianola, IA 50125 - Image 1
107 W Salem Avenue, Indianola, IA 50125 - Image 2
107 W Salem Avenue, Indianola, IA 50125 - Image 3
107 W Salem Avenue, Indianola, IA 50125 - Image 4
107 W Salem Avenue, Indianola, IA 50125 - Image 5
107 W Salem Avenue, Indianola, IA 50125 - Image 6
107 W Salem Avenue, Indianola, IA 50125 - Image 7
107 W Salem Avenue, Indianola, IA 50125 - Image 8
107 W Salem Avenue, Indianola, IA 50125 - Image 9
107 W Salem Avenue, Indianola, IA 50125 - Image 10
107 W Salem Avenue, Indianola, IA 50125 - Image 11
107 W Salem Avenue, Indianola, IA 50125 - Image 12
107 W Salem Avenue, Indianola, IA 50125 - Image 13

Commercial Property for sale in Indianola, IA

for $275,000. This 6,640 square foot building was built in 1890 on a lot size of 0.13.

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. Sooo many options with this property!

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Commercial Active

Price

$ 275,000

Property Type

Commercial

Taxes

$ 5,986

Style

Lot Size

0.13

Year Built

1890

Town/City

Indianola

County/Region

Warren

MLS | Web ID

701231
Features
General
Sewer PublicSewer
Heating Electric ForcedAir Gas
Cooling CentralAir WindowUnits
Roof Rubber
Zoning C MR
Construction Materials Brick Block
Year Built 1890
Tax Year 2024
County Warren
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Full Baths 0
Status Active
Directions On the Indianola square: South of the Justice Center
City Indianola
Senior Community Y/N N
High School District Indianola
MLS Area Indianola
Lot Size Units Acres
Lot Size Square Feet 5850.0
Carport Y/N N
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5986.4
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Indianola
Elementary School District Indianola
Legal Description 25-76-24 INDIANOLA OTP W 20' LOT 3 & E 19' LOT 4 BLK 17
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Exterior
Water Source Public
Lot Size Area 0.13
Foundation Details Block
Spa N
Building Area Total 6640.0
Lot Dimensions 39X150
Lot Size Acres 0.13
Road Surface Type Asphalt
Private Pool N
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
3/4 Baths 0
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 107
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* Excluded Features
List By
Brady Jackson

Listing Agent

Iowa Realty South

Broker

bradyjackson@iowarealty.com

Email

Affordability Calculator

$2,214
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,716
Monthly Property Taxes
$499
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4634788 Elementary School
4745038 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/5/2025$275,000 -5.14% Price Down
9/23/2025$289,900 -3.33% Price Down
7/30/2025$299,900 Listed Price

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107 W Salem Avenue, Indianola, IA, 50125 is a Commercial Property for sale at $275,000 with 6,640 sqft and a lot size of 0.13. 107 W Salem Avenue was built in 1890. The property's zip code is 50125 which is in Indianola, IA

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