35
See all 35 photos
$725,000
Est. payment /mo
0.26 Acres Lot
Active
104 1/2 W 1st Avenue Indianola, IA 50125
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
12/31/2024 09:55 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 700035
HOA Y/N No
Year Built 1955
Annual Tax Amount $1,341
Lot Size 0.260 Acres
Acres 0.26
Property Description
Ellen Belle Foster Dance Studio was started in 1954 in this Historic Building. Generations of students were taught the art of ballet & tap dance by the Foster-Powell family, which started in the home basement. Today it has been transformed into a gorgeous event venue known for its beautiful parklike courtyard and artistic and versatile 28x56 Studio which seats 65 & ample City owned parking along the property. Conveniently located on the South edge of the vibrant Indianola Downtown Square & connected thru Salem Court next to the Uncommon Ground Coffee Shop. Now it's time for the next owner to make it their passion. Have you wanted to own an AirBnB? This 1.5 Story Craftsman Home would be an ideal set up. Steps from the Studio with a shared Courtyard. 3-4BR, 2BA home would provide a great weekend getaway spot w/shopping & dining nearby Or have you wanted to work from home without your work being in your home? Live in this home & then turn The Studio into your place of business. Maybe it's a daycare? Or an insurance agency? Or your Etsy business that has grown and needs warehouse space. The sky is the limit. The 2465 sf home is immaculate & in near perfect condition for a 1920s home & is being sold with The Studio & 26x18 garage.
Location
State IA
County Warren
Area Indianola
Zoning C3
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Available
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Indianola
Others
Tax ID 48020170180, 48020170190
Monthly Total Fees $111
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2025 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Iowa Realty Indianola