301 W 2nd Avenue Indianola, IA $ 239,000
301 W 2nd Avenue
$ 239,000
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301 W 2nd Avenue

Indianola, IA, 50125
$ 239,000
Bedrooms-- Baths-- Sq 2,256

Monthly Estimate*

$ 1,472

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Commercial Property for sale in Indianola, IA

for $239,000. This 2,256 square foot building was built in 1950 on a lot size of 0.21.

One-of-a-kind opportunity here – commercial or retail property with living quarters included in this mixed-use property providing the best of both worlds Offering a unique combination of financial and lifestyle for your small business. Living on site may provide many advantages including no commute and ideal for hands on retail or commercial business. Owning and operating the property might allow business expense deductions such as portion of mortgage, utilities, maintenance. Seek advice from your tax person for allowable credits. Or you may want to consider renting the living quarters and the business separate or combined. This building features 2640 SF of commercial/retail space and 936 SF of living area with 3,576 SF total area. Commercial area features the option to be split as two separate business or tenant occupants. There is also a 2-car detached garage. Insulated attic storage is an added feature. Newer water heater, two furnaces, window AC unit in living area, central AC in commercial portion along with commercial de-humidifier. Half bath services the retail space with full bath in living quarters. Great off street parking area.

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Commercial Active

Price

$ 239,000

Property Type

Commercial

Taxes

$ 3,118

Style

Lot Size

0.21

Year Built

1950

Town/City

Indianola

County/Region

Warren

MLS | Web ID

737483

List By
NANCY LAXTON

Listing Agent

Iowa Realty Indianola

Broker

nancylaxton@iowarealty.com

Email

Affordability Calculator

$1,731
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,472
Monthly Property Taxes
$260
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$239,000 Listed Price

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301 W 2nd Avenue, Indianola, IA, 50125 is a Commercial Property for sale at $239,000 with 2,256 sqft and a lot size of 0.21. 301 W 2nd Avenue was built in 1950. The property's zip code is 50125 which is in Indianola, IA