107 W Salem Avenue, Indianola, IA 50125
107 W Salem Avenue, Indianola, IA 50125
107 W Salem Avenue, Indianola, IA 50125
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$235,000
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5,662 Sqft Lot
Price Dropped by $15K

107 W Salem Avenue Indianola, IA 50125

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Marc Olson

Marc Olson

+1(515) 291-7900

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 701231

HOA Y/N No

Year Built 1890

Annual Tax Amount $5,986

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property 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. Sooo many options with this property!

Location

State IA

County Warren

Area Indianola

Zoning C MR

Interior

Heating Electric, Forced Air, Gas

Cooling Central Air, Window Unit(s)

Fireplace No

Exterior

Roof Type Rubber

Private Pool No

Building

Foundation Block

Sewer Public Sewer

Water Public

Schools

School District Indianola

Others

Tax ID 48020170030

Monthly Total Fees $498

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Iowa Realty South

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Marc Olson

Marc Olson

Broker/Owner

+1(515) 291-7900

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107 W Salem Avenue

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