328 & 314 E Main Street, Ottumwa IA, 52501
Property Details
Listing Price: $415,000
Type: Mixed Use
Lot Size: 0.08 acres
MLS #: 6336098
Listing agent: Trisha Rea
trisha@bridgecityrealty.com
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!Like what you see? Request Information or Showing
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Last Updated March 14, 2026