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
Listed by Jason Carter RE/MAX Pride Oskaloosa
$ 575,000
Est. payment /mo
Active
325 E Main ST Ottumwa, IA 52501
3,500 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $164
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