328 & 314 E Main Ottumwa IA 328 E Main St 3,082 SF 100% Leased Retail Building Ottumwa, IA 52501 $415,000 ($134.65/SF)

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 buildings 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! Trisha Rea 641-680-4274 Bridge City Realty 301 W 4th St Ottumwa IA 52501 Licensed in Iowa https://zsvc.paragon.ice.com/s/goto/Gi835IOrWKr