325 E Main ST, Ottumwa, IA 52501
325 E Main ST, Ottumwa, IA 52501
325 E Main ST, Ottumwa, IA 52501
325 E Main ST, Ottumwa, IA 52501
325 E Main ST, Ottumwa, IA 52501
325 E Main ST, Ottumwa, IA 52501
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Listed by Jason Carter RE/MAX Pride Oskaloosa
$ 560,000
Est. payment | /mo

3,500 SqFt


Save
$ 560,000
Est. payment | /mo
Save

3,500 SqFt

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $160

Subdivision Ottumwa Orig

MLS Listing ID NOC6342308

Year Built 1900

Annual Tax Amount $8,340

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 28X132

Property Sub-Type Apartment

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.

Location

State IA

County Wapello

Area 3500

Direction E Main St.

Rooms

Basement Full

Interior

Heating Forced Air

Fireplace No

Exterior

View Y/N true

Accessibility None

Building

Story 2

Sewer City Sewer/Connected

Water Public

Structure Type Brick

Schools

School District 5049 - Ottumwa

Others

Energy Description Natural Gas

Acceptable Financing NOC6342308

Listing Terms NOC6342308

Schools and Properties Nearby

Ernest Abell

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325 E Main ST