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325 E Main Street, Ottumwa, Iowa 52501

IA, Ottumwa
$575,000
  • 3,500 Sqft
  • Residential Income Property Type
  • 1900 Year Built
  • Active Status
Property Description

This is a great opportunity to own one of downtown Ottumwa’s nicest buildings. With a recent full restoration this property offers a large open commercial main level. It includes large storefront windows for advertising, exposed brick walls throughout, refinished hardwood floors, new kitchenette area, men’s and women’s restrooms. It has a traditional meets modern look that is sure to enhance any business. For additional income, there are three remodeled apartments upstairs. One 2 bed 1 bath, and Two 1 bed 1 bath. Most recent rents are $1224, $949, and $1205 – utilities are on the tenants. This property cash flows well, and financials are available to pre-qualified buyers or those with proof of funds and that sign a non-disclosure. Call for more information or to schedule your showing.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6342308
  • Price: $575,000
  • Square Footage: 3,500 Sqft
  • Year Built: 1900
  • Lot Area: 0.09 Acre
  • Status: Active
  • Office Name: RE/MAX Pride Oskaloosa
  • Property Sub Type: Apartment
Features
  • Heating System Forced Air
  • Basement Full
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State IA
  • County Wapello
  • City Ottumwa
  • Zipcode 52501
  • Street: Main
  • Street Number: 325
  • Street Suffix: Street
  • Longitude: W93° 35' 26.9''
  • Latitude: N41° 0' 57.1''
  • Directions: E Main St.
  • Street Dir Prefix: E
Additional Information
  • Accessibility Features: None
  • Construction Materials: Brick
  • Lot Size Dimensions: 28X132
  • Number Of Units Total: 4
  • Previous Price: 580000
  • Stories: 2
  • Water Source: Public
Financial
  • Tax Annual Amount: 8340
Map
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