107 W Salem Avenue, Indianola, IA 50125

$225,000

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List Price
$225,000
Status
ACTIVE
Days on Market
804
Price Change
▼ $10,000 1788310529
MLS#
701231
Subtype
Commercial Sale
Year Built
1890
Lot Size
5,850
Acres
0.13
MLS Area Major
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. Sooo many options with this property!

Additional Information

Taxes
$5,986
Zoning
C MR
Heating
Electric, Forced Air, Gas
Air Conditioning
Central Air, Window Unit(s)
Roof
Rubber
Foundation
Block
School District
Indianola

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Calculator source: Real Geeks

Listing courtesy of Brady Jackson with Iowa Realty South

Data courtesy of the Des Moines Area Association of REALTORS