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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
$335,000
  • 2 Beds
  • 1 Baths
  • 2,640 sq. ft.
  • Single family
  • Active
Listed by: trisha rea
Office: bridge city realty
MLS#:6336940
Source:IA_HIMLS

Price summary

  • Price:$335,000
  • Price per sq. ft.:$126.89

About this home

A rare opportunity to acquire a fully operational, income-generating mixed-use property in the heart of downtown Ottumwa. This handsome, historic, two-story brick building, offers immediate revenue from both floors and the kind of downtown presence that takes a long time to establish. The first floor is configured as a working retail and bar/eatery space, currently home to two established local businesses with a loyal customer base and a recognized brand. The space is flexible, rent-ready, and suited to a wide range of commercial uses — retail, food and beverage, professional services, or creative enterprise. New ownership can continue existing operations, welcome a new commercial tenant, or reimagine the space entirely. The second floor is a comfortable two-bedroom, one-bathroom, walk-up apartment currently generating income as a licensed short-term rental with verified SuperHost status on Airbnb — a designation that reflects documented guest demand and operational excellence and...

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Home facts

  • Year built:1880
  • Listing ID #:6336940
  • Added:204 day(s) ago
  • Updated:October 25, 2026 at 03:23 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:2,640 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1880
  • Building area:2,640 sq. ft.
  • Lot area:0.07 Acres

Finances and disclosures

  • Price:$335,000
  • Price per sq. ft.:$126.89
  • Tax amount:$3,830 (2024)

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