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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.

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