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328 E Main Street, Ottumwa, IA 52501

Ottumwa
Local realty services provided by:CENTURY 21 Property Professionals
328 E Main Street,Ottumwa, IA 52501
$415,000
  • 2 Beds
  • 1 Baths
  • 3,502 sq. ft.
  • Single family
  • Active
Listed by: trisha rea
Office: bridge city realty
MLS#:6336940
Source:IA_HIMLS

Price summary

  • Price:$415,000
  • Price per sq. ft.:$118.5

About this home

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 or live in 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! These buildings are 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...

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Home facts

  • Year built:1880
  • Listing ID #:6336940
  • Added:1 day(s) ago
  • Updated:April 05, 2026 at 03:46 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement:Yes
  • Living area:3,502 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1880
  • Building area:3,502 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$415,000
  • Price per sq. ft.:$118.5
  • Tax amount:$4,838 (2024)

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