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.
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.
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.
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
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.
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).
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!

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.
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.