314 E Main Street Ottumwa, IA ^$ 130,000

314 E Main Street

^$ 130,000

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314 E Main Street

Ottumwa, IA, 52501

^$ 130,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 800

314 E Main Street, Ottumwa, IA 52501 - Image 1

Commercial Property for sale in Ottumwa, IA

for $130,000. This building was built in 1880 on a lot size of 0.08.

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!

Commercial Active

Price

^$ 130,000

Property Type

Commercial

Taxes

^$ 1,008

Style

Mixed Use

Lot Size

0.08

Year Built

1880

Town/City

Ottumwa

County/Region

Wapello

MLS | Web ID

6336098

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Common Heating Separate Hot Water Common

Roof Rubber

Appliances Range Refrigerator Washer Dryer

Garage Spaces 0

Architectural Style Mixed Use

Construction Materials Brick

Year Built 1880

Unit Number 314 E Main

Tax Year 2024

Current Use Commercial Food Service Residential Retail

Accessibility None

County Wapello

Property Type Commercial Sale

Contingency None

Possible Use Diversified Grocery Income Lounge/Bar Office Professional/Office Rest/Lounge Restaurant Retail Warehouse Wholesale

Status Active

Directions N Jefferson St to E Main or S Green St to E Main

Open Parking Spaces 10

Number Of Units Total 3

Lot Size Units Acres

Lot Size Square Feet 3484.8

Tax Annual Amount 1008

Living Area Units Square Feet

Standard Status Active

Legal Description OTTUMWA ORIGINAL NW 22'LOT 339 BLK 30

Interior

Basement Full

Exterior

Parking Features Outside Paved

Water Source Public

Lot Dimensions 22X149

Lot Size Acres 0.08

* Excluded Features

List By

Trisha Rea

Listing Agent

Bridge City Realty

Broker

trisha@bridgecityrealty.com

Affordability Calculator

$884

Per Month

Monthly Principal & Interest: $800
Monthly Property Taxes: $84
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Ottumwa, IA

Average List Price ^$237,909

Percent of Sale Price 83%

About Ottumwa, IA

24,695 Population

-2% Since 2002

^$38,797 Median Income

38.59 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/20/2026	$130,000	-68.67%	Price Down
3/5/2026	$415,000		Listed Price

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314 E Main Street, Ottumwa, IA, 52501 is a Commercial Property for sale at $130,000 with a lot size of 0.08. 314 E Main Street was built in 1880. The property's zip code is 52501 which is in Ottumwa, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 5/4/2026.

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314 E Main Street

Commercial Property for sale in Ottumwa, IA

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