Brad Cole

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301 W 2nd AvenueIndianola, IA 50125

Commercial · 2,256 Sq. ft. | 0.21 Acres
$239,000 Active

301 W 2nd Avenue Overview

Time on Site:
89 days
Visits:
742

One-of-a-kind opportunity here – commercial or retail property with living quarters included in this mixed-use property providing the best of both worlds Offering a unique combination of financial and lifestyle for your small business. Living on site may provide many advantages including no commute and ideal for hands on retail or commercial business. Owning and operating the property might allow business expense deductions such as portion of mortgage, utilities, maintenance. Seek advice from your tax person for allowable credits. Or you may want to consider renting the living quarters and the business separate or combined. This building features 2640 SF of commercial/retail space and 936 SF of living area with 3,576 SF total area. Commercial area features the option to be split as two separate business or tenant occupants. There is also a 2-car detached garage. Insulated attic storage is an added feature. Newer water heater, two furnaces, window AC unit in living area, central AC in commercial portion along with commercial de-humidifier. Half bath services the retail space with full bath in living quarters. Great off street parking area.

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301 W 2nd Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 2,256
  • Price/Sq.ft. $106
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • Year Built: 1950

Location/Region

  • County Or Parish: Warren
  • MLS Area Major: Indianola
  • Postal City: Indianola

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 3118.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 48860001441
  • Property Type: Commercial Sale
  • Zoning: C2

Interior

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0

Building Interior

  • Building Area Total: 2256.0

General Information

    Exterior

    Lot Information

    • Lot Size Acres: 0.21
    • Lot Size Area: 0.21
    • Lot Size Square Feet: 9100.0
    • Lot Size Units: Acres
    • Water Source: Public

    Building Exterior/Construction

    • Construction Materials: Block,Frame

    General Information

    • Sewer: Public Sewer

    301 W 2nd Avenue Neighborhood

    Community

    50125 (Indianola) Demographics

    38
    Median Age
    124
    Population Density (per sq. mile)
    42%
    College Educated
    $71,395
    Estimated Median Income
    5,495
    Estimated Total Home Owners
    2,127
    Estimated Total Renters
    72% / 28%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    301 W 2nd Avenue Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    301 W 2nd Avenue Market Data

    Based on the last 30 days in this zip code

    $397,265
    Average List Price
    $238
    Average Price per Square Foot
    30
    Properties Sold
    118
    Average Days on Market
    121
    Properties for Sale
    Calculations provided by Reliance Network

    301 W 2nd Avenue History

    Date Event Value Agent
    5/11/2026Source: Des Moines Area Status Change
    Active
    Nancy Laxton
    Listing Agent
    5/4/2026Source: Des Moines Area Status Change
    Pending
    Nancy Laxton
    Listing Agent
    4/1/2026Source: Des Moines Area Added to Database
    April 01, 2026
    Nancy Laxton
    Listing Agent
    Listing provided courtesy of Iowa Realty Indianola- MLS# 737483MLS ProviderContact Information: 515-453-5347