325 E Main St, Ottumwa, IA 52501

$575,000
3,500
SqFt

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List Price
$575,000
Status
ACTIVE
Price Change
▼ $5,000 1788992256
MLS#
6342308
Subtype
Residential Income
Year Built
1900
Living Area
3,500
Lot Size
3,920
Acres
0.09
Subdivision
OTTUMWA ORIG

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.

Additional Information

Taxes
$8,340
Heating
Forced Air
Stories
2

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Pride Oskaloosa.