Indianola IA Real Estate & Commercial for Sale

7 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
3,700
Status:
Active
MLS#:
732962
Type:
General Commercial
Lot size:
0.05 Acres
Year built:
1900
Courtesy: Realty ONE Group Impact 515-446-7524
View additional info

ADDITIONAL INFORMATION

FOR LEASE. Looking to expand or establish your business in Indianola this year? This high traffic & high visibility location on the popular Indianola Downtown Square is just the spot your business needs. Recently renovated, the open layout offers endless opportunities for all kinds of business. Across from a large public parking lot. $2,000 monthly Base Rent. Tenants Responsible for all utilities.

Beds:
n/a
Baths:
Sq.Ft.:
9,185
Status:
Active
MLS#:
731570
Type:
General Commercial
Lot size:
2.15 Acres
Year built:
1960
Courtesy: Peoples Company 515-222-1347
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ADDITIONAL INFORMATION

Presenting this 9,185 sq ft commercial building situated on 2.15 acres M/L located just southeast of Indianola, Iowa. The property is zoned Commercial and sits only 0.2 miles off County Highway S23, offering convenient access and strong visibility. This building needs work, but with its size, layout, and price point, it represents a rare, affordable opportunity for an owner-user or investor willing to bring new life to the space. The property features two wings branching off the main structure, one equipped with 48 dog runs and the other with 38 dog runs. The runs are well-built with thick concrete flooring, floor drains, and indoor/outdoor access, providing functional infrastructure for animal-related operations. Previously used as a veterinary clinic, this site could continue in a similar use or be repurposed for a variety of commercial needs. Additional features include a fenced property, an office area, and an 8' wide by 7' high overhead door for utility and loading. With its substantial square footage, large lot, and versatile layout, this property offers a compelling chance to remodel and capitalize on a great investment opportunity in a growing commercial corridor.

Beds:
n/a
Baths:
Sq.Ft.:
1,935
Status:
Active
MLS#:
731551
Type:
General Commercial
Lot size:
0.57 Acres
Year built:
2021
Courtesy: Keller Williams Realty GDM 515-334-4900
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ADDITIONAL INFORMATION

Discover an incredible commercial opportunity with this versatile building currently operating as a donut shop. Positioned on a main road in Indianola, this property offers excellent visibility, steady traffic flow, and sits on .57 acres. The interior features a welcoming layout with a cozy fireplace, two restrooms, a dedicated kitchen area, and an office space for efficient operations. A convenient drive-thru window enhances service potential, while the private parking lot with tons of parking spaces adds exceptional convenience for customers and staff. A prime location and flexible setup make this property a standout investment for your next business venture. Currently leased out - Lease Ends 2030.

Beds:
n/a
Baths:
Sq.Ft.:
11,900
Status:
Active
MLS#:
730407
Type:
Business Opportunities
Lot size:
1.13 Acres
Year built:
2016
Courtesy: Peoples Company 515-222-1347
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ADDITIONAL INFORMATION

I'm pleased to present this 11,900 sq ft warehouse situated on 1.13 acres M/L located in Indianola, Iowa. The property is zoned M2 General Industrial and built for efficiency and durability. The insulated building features twelve 12'x14' overhead doors, radiant overhead heat (80,000 BTU) separated into 2 units, 8-inch thick concrete floors with floor drains, and two bathrooms. The building has a flexible open layout currently divided into two spaces (90'x70' & 80'x70') and could be divided again, already having 4 separate electrical meters in place. Outside, features large paved parking areas in both the front and rear, plus a bulk storage containment area for extra utility. Ideal for a construction operation, warehouse space, or as a strong investment opportunity in a growing industrial market. *Taxes subject to change after parcel split

Beds:
n/a
Baths:
Sq.Ft.:
3,600
Status:
Active
MLS#:
727651
Type:
General Commercial
Year built:
2025
Courtesy: Realty ONE Group Impact 515-446-7524
View additional info

ADDITIONAL INFORMATION

Brand-new 3600 sq.ft. commercial building is ready for your vision. The property offers a blank canvas to finish with your own finishes. Pre-plumbed bathrooms are already in place, making build out easier. Perfect for office, retail, medical, or service space location offers convenience, visibility, and growth potential.

Beds:
n/a
Baths:
Sq.Ft.:
14,000
Status:
Active
MLS#:
725713
Type:
Retail
Lot size:
1.46 Acres
Year built:
1974
Courtesy: Iowa Realty Indianola 515-453-6600
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ADDITIONAL INFORMATION

Prime in-town location sitting on 1.46 acres m/l, this multi-use commercial property offers 3 separate buildings; 1) Retail location 50' x 80' with full basement for additional storage - currently leased through November 2026, a warehouse/outbuilding approx. 182' x 60' (including newer addition 78' x 54')., as well as a 6 unit storage space with electrical. Perfect location/layout for operating a business & storing inventory/equipment, or run your business out of the brick and mortar, and rent out the rest? Centrally located in the middle of town just 200 ft off Jefferson Way (Hwy 65/69)! Schedule your showings today to take a look at this one of a kind property in the heart of Indianola. Includes parcels 48840130041 (Zoned C2), 48840140011 (Zoned M2) , 48870190660 (Zoned M2).

Beds:
n/a
Baths:
Sq.Ft.:
6,640
Status:
Active
MLS#:
701231
Type:
General Commercial
Lot size:
0.13 Acres
Year built:
1890
Courtesy: Iowa Realty South 515-453-6300
View additional info

ADDITIONAL INFORMATION

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!

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Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


This information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026 Des Moines Area Association of Realtors. All rights reserved.



Indianola Real Estate

Indianola is located in Iowa. Indianola, Iowa has a population of 15,544. Indianola is less family-centric than the surrounding county with 32.84% of the households containing married families with children. The county average for households married with children is 36.92%.

The median household income in Indianola, Iowa is $67,206. The median household income for the surrounding county is $85,189 compared to the national median of $69,021. The median age of people living in Indianola is 35.4 years.

Indianola Weather

The average high temperature in July is 84.9 degrees, with an average low temperature in January of 12.6 degrees. The average rainfall is approximately 36.1 inches per year, with 30.3 inches of snow per year.

Indianola Map

Indianola Real Estate Market Conditions

  • Median sales price

    $281,500
    16.4%
    change since last quarter
  • # Active listings

    154
    30-day change

Indianola Schools and Demographics

Education near Indianola, IA

City County
High School Graduates 96 95.77
College Degree - 2 year 12.54 12.61
College Degree - 4 year 32.53 32.31
Graduate Degree 6.66 7.2
Expenditures per Student 13,932 13,932
Students per Teacher 16.1 16.1

Elementary Schools near Indianola, IA

Grades Students P/T Ratio ZIP
Emerson Elementary School PK - 05 424 14.3 50125
Irving Elementary School KG - 05 403 15.9 50125
Lakewood Elementary School 03 - 05 642 15.9 50211
Martensdale Elementary School PK - 06 313 13.7 50160
Oviatt Elementary School PK - 02 629 14.1 50211
Southeast Warren Primary School PK - 03 181 14.4 50166
Whittier Elementary School PK - 05 277 11.9 50125
Wilder Elementary School PK - 05 585 20.7 50125

Middle Schools near Indianola, IA

Grades Students P/T Ratio ZIP
Indianola Middle School 06 - 08 835 15.2 50125
Norwalk Middle School 06 - 08 588 13.1 50211

High Schools near Indianola, IA

Grades Students P/T Ratio ZIP
Indianola High School 09 - 12 1,117 18.5 50125
Martensdale-St. Marys Junior-Senior High School 07 - 12 262 13.3 50160
Norwalk Senior High School 09 - 12 810 14.3 50211
Southeast Warren Junior-Senior High School 07 - 12 221 11.3 50145

Demographics near Indianola, IA

City County
Neighborhood Type Suburban
Population 15,544 51,862
Population Density 1,373 91
Median Age 35.4 38.4
People per Household 2.4 2.6
Median Household Income 67,206 85,189
Average Income per Capita 31,844 38,087

Real estate near Indianola