Skip To Content
    Return to Previous Page

    113 E Salem Avenue

    Indianola, IA 50125
    • $995,000
    • STATUS: Active
    • ON SITE: 121 days
    • MLS #: 611072
    UPDATED: 19 min ago
    $995,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,307
      SQFT
    • $231
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Pandemics bring change. How about being your own boss & investing in a Historic building with Charm and yet fully updated? The Brickstones, formerly Warren Hotel, underwent a massive remodel (2015/2016) to become what it is today: A Go-to place with a mix of commercial & residential. Main level provides long-term tenants specializing in delicious bakery items, yummy lunches, coffee & even freezer meals to go; popular hair salon & fun specialty boutique w/ clothing & a variety of home goods. Upstairs finds 4 completely remodeled apartments. Each have 2BR, 2BA, good sized kitchens & living areas plus their own individual washer/dryer (that’s super convenient!). Fun place to live, parking available behind the building. Steps to the Indianola Square. Simpson College is within walking distance too. Don’t forget beautiful Buxton Park for evening strolls for your tenants. Great opportunity for an investor to diversify your current portfolio or start a new venture where you work for yourself!

    Monthly Payment Calculator

    © 2020 Des Moines Multiple Listing Service. IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Moulton Real Estate Group | eXp Realty. Data last updated: 2020-11-30T21:21:51.597.
    www.moultonrealtors.com/homes/108418835
    Print Image

    113 E Salem Avenue Indianola, IA 50125

    • Price: $995,000
    • Status: Active
    • Updated: 19 min ago
    • MLS #: 611072
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    4,307
    SQFT
    $231
    $/SQFT
    1900
    Built
    Neighborhood:
    Indianola
    County:
    Warren
    Area:
    Indianola
    School District:
    Indianola
    Property Description
    Pandemics bring change. How about being your own boss & investing in a Historic building with Charm and yet fully updated? The Brickstones, formerly Warren Hotel, underwent a massive remodel (2015/2016) to become what it is today: A Go-to place with a mix of commercial & residential. Main level provides long-term tenants specializing in delicious bakery items, yummy lunches, coffee & even freezer meals to go; popular hair salon & fun specialty boutique w/ clothing & a variety of home goods. Upstairs finds 4 completely remodeled apartments. Each have 2BR, 2BA, good sized kitchens & living areas plus their own individual washer/dryer (that’s super convenient!). Fun place to live, parking available behind the building. Steps to the Indianola Square. Simpson College is within walking distance too. Don’t forget beautiful Buxton Park for evening strolls for your tenants. Great opportunity for an investor to diversify your current portfolio or start a new venture where you work for yourself!
    Exterior Features

    Construction Materials BrickSee Remarks

    Interior Features

    Cooling Central Air Heating Forced AirGasNatural Gas Heating YN Yes

    Property Features

    Lease Considered YN No Listing Terms CashConventional Lot Size Dimensions 60X150 Sewer Public Sewer Tax Annual Amount 8067 Water Source Public Zoning C3

    Listing provided courtesy of Iowa Realty Indianola. © 2020 Des Moines Multiple Listing Service.
    © 2020 Des Moines Multiple Listing Service. IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Moulton Real Estate Group | eXp Realty. Data last updated: 2020-11-30T21:21:51.597.
     
    https://bt-photos.global.ssl.fastly.net/desmoines/orig_boomver_3_611072-2.jpg https://bt-photos.global.ssl.fastly.net/desmoines/orig_boomver_3_611072-2.jpg https://bt-photos.global.ssl.fastly.net/desmoines/orig_boomver_3_611072-2.jpg
    Logo
    Moulton Real Estate Group | eXp Realty
    1850 SW Plaza Shops Lane
    Ankeny IA, 50023