328 E Main Street, Ottumwa, Iowa 52501

IA, Ottumwa
$415,000
  • 0.08 Acre
  • Commercial Sale Property Type
  • 1880 Year Built
  • Active Status
Property Description
2 Building Bundle! Charming Two-Story Brick Building in Downtown Ottumwa! This versatile property features an income-ready retail space and a bar/eatery layout on the first floor, ideal for a low-risk cafe or breakfast spot (no open flame required for lower overhead!). The second floor boasts a ready-to-rent two-bedroom, one-bathroom apartment, with potential monthly rental income of $2,500. There’s also an opportunity to add a rear deck for even more appeal! This building is being sold as a package with the adjacent vacant three-story brick building at 314 E Main, offering endless possibilities. Imagine a two-level penthouse apartment with an open concept for the ultimate downtown living experience! The first floor can be transformed into a retail shop, such as a pet store, a gift shop, children’s bookstore, or even a small office space. Design proposal in the disclosures. Don’t miss out on this unique opportunity to own a piece of downtown Ottumwa with endless potential! Call to Schedule your showing today!
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6336098
  • Price: $415,000
  • Year Built: 1880
  • Lot Area: 0.08 Acre
  • Status: Active
  • Office Name: Bridge City Realty
  • Roof: Rubber
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Full
  • Parking Outside,Paved
  • Architectural Style Mixed Use
  • Sewer City Sewer/Connected
  • Utilities Hot Water Common,Electric Common,Heating Separate
  • Waterfront Features River View
Appliances
  • Range
  • Refrigerator
  • Washer
  • Dryer
Address Map
  • Country US
  • State IA
  • County Wapello
  • City Ottumwa
  • Zipcode 52501
  • Street: Main
  • Street Number: 328 & 314
  • Street Suffix: Street
  • Longitude: W93° 35' 25''
  • Latitude: N41° 0' 55.6''
  • Directions: N Jefferson St to E Main or S Green St to E Main
  • Street Dir Prefix: E
  • Unit Number: 314 E Main
Additional Information
  • Accessibility Features: None
  • Construction Materials: Brick
  • Current Use: Commercial,Residential,Retail,Food Service
  • Lot Size Dimensions: 22X149
  • Number Of Units Total: 5
  • Possible Use: Diversified,Grocery,Income,Lounge/Bar,Office,Professional/Office,Rest/Lounge,Restaurant,Retail,Warehouse,Wholesale
  • Previous Price: 415000
  • Water Source: Public
Financial
  • Tax Annual Amount: 4838
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

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