Listing photo for 112 E Salem Ave, Indianola, IA

112 E Salem Ave,

Indianola, IA


3,700 Sqft
0.05 Acres

Investment opportunity just off the square. Main level consists of 5 office spaces, reception area, waiting room and break area with kitchenette. Triple net lease paying all expenses including utilities with 2.5 years left on the current lease. Upper level contains 3 apartments with all utilities included in the rent. Newer bowler for heat and window air in the upper level with GFA and central AC servicing the lower level. New windows were installed in 2015. Gross rents are over $2,000 per month. Exterior construction is made of brick with stucco finish.

Facts & Features
MLS® # 591553
Price $180,000
Bathrooms 0.00
Square Footage 3,700
Acres 0.05
Year Built 1900
Type Commercial Sale
Status Active
Community Information
Address 112 E Salem Ave
Area Indianola
City Indianola
County Warren
State IA
Zip Code 50125
Is Waterfront No
Has Pool No
Heating Forced Air, Gas, Hot Water, Natural Gas
Cooling Central Air, Wall/Window Unit(s)
Has Basement No
Fireplace No
Exterior See Remarks, Stucco
Construction See Remarks, Stucco
School Information
District Indianola
Additional Information
Date Listed September 18th, 2019
Days on Market 181
Zoning C3
Short Sale No
RE / Bank Owned No
HOA Fees 0.00
Listing Details
Photo of Amy Forte

Amy Forte

Office: 515-224-4002
Cell: 515-422-7731

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Listing information last updated on March 31st, 2020 at 11:09am CDT.

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