Indianola, IA 50125 107 W Salem Avenue

$315,000

107 W Salem Avenue Indianola, IA - Image 1107 W Salem Avenue Indianola, IA - Image 2107 W Salem Avenue Indianola, IA - Image 3
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107 W Salem Avenue Indianola, IA - Image 4107 W Salem Avenue Indianola, IA - Image 5107 W Salem Avenue Indianola, IA - Image 6107 W Salem Avenue Indianola, IA - Image 7107 W Salem Avenue Indianola, IA - Image 8107 W Salem Avenue Indianola, IA - Image 9107 W Salem Avenue Indianola, IA - Image 10107 W Salem Avenue Indianola, IA - Image 11107 W Salem Avenue Indianola, IA - Image 12
Presented By: Iowa Realty South
  • Des Moines Area AOR (DMAAR) - 188 - IA
  • MLS# 701231
  • 08/19/2024
  • Request Tour
  • Request Info
  • SQFT • 6,640

Home Details

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!
Presented By: Iowa Realty South

Interior Features for 107 W Salem Avenue

Bedrooms

Total Bedrooms

Bathrooms

3/4 Baths0
Half Baths
Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes

General for 107 W Salem Avenue

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityIndianola
Construction MaterialsBrick, Block
CoolingCentralAir, WindowUnits
CountyWarren
Days on Market10
DirectionsOn the Indianola square: South of the Justice Center
Elementary School DistrictIndianola
Full Baths
Garage Y/NNo
HeatingElectric, ForcedAir, Gas
High School DistrictIndianola
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description25-76-24 INDIANOLA OTP W 20' LOT 3 & E 19' LOT 4 BLK 17
Lot Size Square Feet5850.0
Lot Size UnitsAcres
MLS AreaIndianola
Middle/Junior School DistrictIndianola
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
PostalCityIndianola
Private PoolNo
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
RoofRubber
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Tax Annual Amount5986.4
Tax Year2024
TermsCash, Conventional
View Y/NNo
Waterfront Y/NNo
Year Built1890
ZoningC MR

Exterior for 107 W Salem Avenue

Building Area Total6640.0
Crops Included Y/NNo
Foundation DetailsBlock
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions39X150
Lot Size Acres0.13
Lot Size Area0.13
Open Parking Y/NNo
Road Surface TypeAsphalt
SpaNo
Water SourcePublic

Additional Details

Price History

Rachel Tiskevics

Realtor®
Price $315,000
MLS#701231
List Date 08/19/2024
Property Type Commercial
Phone 641.230.0537
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