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107 W Salem Avenue

Indianola, IA 50125
  • $315,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 701231
UPDATED: 48 min ago
$315,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,640
    SQFT
  • $47
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1890
County:
Area:

School Ratings & Info

School District:

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!

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© 2024 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2024-09-17T11:22:12.447.
www.exitrealtycc.com/homes/153819208
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107 W Salem Avenue Indianola, IA 50125

  • Price: $315,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 48 min ago
  • MLS #: 701231
0
Beds
0
Baths
0
½ Baths
0.13
Acres
6,640
SQFT
$47
$/SQFT
1890
Built
Neighborhood:
Indianola
County:
Warren
Area:
Indianola
School District:
Indianola
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. The 3rd level does provide an opportunity to convert the Commercial's 3rd level into another studio apartment...Sooo many options with this property!
Exterior Features

Construction Materials Brick Block Foundation Details Block Road Surface Type Asphalt Roof Rubber

Interior Features

Cooling Central Air Window Unit(s) Cooling YN Yes Heating Electric Forced Air Gas Heating YN Yes

Property Features

Lease Considered YN No Listing Terms Cash Conventional Lot Size Dimensions 39 X150 Sewer Public Sewer Tax Annual Amount 5986.4 Tax Year 2024 Water Source Public Zoning C MR

Listing provided courtesy of Iowa Realty South: (515) 453-6300. © 2024 Des Moines Multiple Listing Service.
© 2024 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2024-09-17T11:22:12.447.
 
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