107 W Salem Avenue Active Save Request In-Person Tour Request Virtual Tour
Indianola,IA 50125
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 701231
Year Built 1890
Annual Tax Amount $5,986
Tax Year 2024
Lot Size 5,662 Sqft
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)
Exterior
Roof Type Rubber
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Indianola
Others
Monthly Total Fees $498
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional