314 East Main
87,500
For sale
Property Description
This building offers three levels, plus a full basement. The street level was formerly a popular gathering spot offering drinks, light food and dancing; and the upper levels were apartments. The staircase is shared with the building next-door up to the second floor, offering a second private entrance to the residential space.
The building will need a complete renovation. The roof is newer and one exterior wall will be replaced in 2024. There is a rear delivery chute to the basement that could be recovered for business purposes; there is also a private space behind the building where two parking spots could be developed.
The structure is sound and the property offers an excellent opportunity for an entrepreneur with a vision, to become part of the revitalization that is taking place in Ottumwa.
Contact Agent
Appanoose Rapids Mercantile
641-631-6361
Property Details
Property Type
Mixed Use
Square Feet
3278 (lot size)
Rooms/Bedrooms
n/a
Level
Off street
Bathrooms
n/a
Parking
potential private rear parking
Online Listing
Location
Special Features
Very reasonably priced building in the heart of Ottumwa's redeveloping downtown.