Commercial Property For Sale

Commercial Property For Sale

Indianola, Iowa

 116 E Ashland

We have a commercial property for sale at   116 E Ashland Avenue, near the Indianola Square.  

The building has a total of 8,000 square feet of space, with a 12 foot suspended ceiling.  The building used to serve as a major pharmacy and drug store, but has been used as a Music Store the last 12 years.  

With a wide open space, this building could be used for many different circumstances. A few that come to mind include:

  • Party Space for Birthday parties and Wedding Banquets.
  • Indoor archery facility.
  • Add a wall to divide the interior into two different business applications for rental opportunities.

The property includes 14,000 square feet of adjacent parking lot, so coupled with street parking there is potential for 40+ cars in a one block area of the building.

116 E Ashland InteriorIf you, or someone you know, are interested in starting a business or moving from the current business location, this building may be just the place to do so.

If you are an investor, the current owner would be willing to rent the front portion of the building if the interior were to be divided.  This would allow for a second business to be added to the back of the building for additional income. 

From Highway 65/69 go one block west on Ashland Avenue  to the property on the North side of the Street.

To learn more about the property visit our website

(C) 515-249-9192

  Terry Pauling is a Broker & REALTOR® at EXIT Realty North Star, 222 W Salem Ave. Indianola, IA 50125. We provide full service real estate services to the Indianola, Warren County and Des Moines, Iowa metro area. Find Links and contact information for Terry at



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