Ottumwa, IA Commercial Real Estate for Sale

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Agency, IA Bloomfield, IA Floris, IA Blakesburg, IA Hedrick, IA Batavia, IA Unionville, IA Fremont, IA

33 properties

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Updated: Jul 8

Two-Story Office Building

127 E Main Street, Ottumwa, IA 52501

$2,000,000

0.28 AC lot

21,198‑square‑foot office building arranged across 2 floors
Accessible elevator installed for movement between floors
Conference rooms and breakrooms included
Furnishings available
Brick construction completed in 1999

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Updated: Jul 8

Retail Building With Indoor Range

2603 Roemer Avenue, Ottumwa, IA 52501

$299,500

1.32 AC lot

Indoor range with 9 - 21 yard lanes and dedicated gun‑smoke ventilation
1.32‑acre retail property within Ottumwa city limits
Showroom includes display cabinets and shelving
Security system, large safe closets, office, and mechanical room
Forced‑air gas and wood heating with two central air units

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Conventional Restaurant With Game Room

315 Church Street, Ottumwa, IA 52501

$699,000

Block construction includes a kitchen, dining area, game room, storage, restrooms, and on-site customer parking.

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See what stands out in Wapello County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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NOI available after sign in

Local Demand available after sign in

Multi-Building Flex Space Complex

201 S Iowa Ave, Ottumwa, IA 52501

$549,999

49,052 sqft 2.54 AC lot

Multiple structures combine warehouse, office, retail, shop, and outdoor yard areas.

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Commercial Land with Pond

1 Roemer, Ottumwa, IA 52501

$50,000

23.98 AC lot

C-2 Highway Service Commercial zoning supports a broad commercial land-use framework near Ottumwa city limits.

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Updated Church Building

101 N Ransom Street, Ottumwa, IA 52501

$89,000

0.20 AC lot

Historic religious facility with classroom, office, sanctuary, and basement assembly spaces.

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Historic Downtown Mixed-Use Building

229 E 2Nd Street, Ottumwa, IA 52501

$55,000

0.30 AC lot

Corner-lot brick property requiring substantial renovation, with a former YMCA layout and broad redevelopment potential.

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Gas Station with Car Wash

2508 N Court St, Ottumwa, IA 52501

Contact for pricing

7,119 sqft 1.40 AC lot

Two-building property combines convenience retail with on-site vehicle washing.

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Commercial Lot with Alley Access

214 E 2nd Street, Ottumwa, IA 52501

$32,000

0.14 AC lot

Vacant commercial land offers access from both the street and alley.

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Flex Space with Overhead Doors

617 Church Street, Ottumwa, IA 52501

$275,000

Flex space with office area, concrete floors, central air, and fenced holding lot with multiple overhead doors.

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Three-Unit Mixed-Use Building

402 Richmond Ave, Ottumwa, IA 52501

$165,000

2,200 sqft

Mixed-use configuration includes apartments, office areas, and a kitchenette within one commercial property.

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Mixed-Use Building with Office Space

402 Richmond Street, Ottumwa, IA 52501

$165,000

2,200 sqft

Mixed-use property combines residential units with a commercial area featuring offices and a kitchenette.

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18-Hole Golf Course With Recreation Facilities

304 E Golf, Ottumwa, IA 52501

$900,000

115.04 AC lot

Recreational property with golf, pool, tennis, dining, and event facilities across a landscaped setting.

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NNN-Leased Retail Strip

1255 Theatre Drive, Ottumwa, IA 52501

Contact for pricing

5,074 sqft

Fee simple retail strip is NNN-leased to Aspen Dental and Jersey Mike's.

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Ottumwa Tillable Land For Sale

150th, Ottumwa, IA 52501

$274,500

14.86 AC lot

14.86 acres of tillable land with high CSR2 rating.

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Commercial Land For Sale

Rochester, Ottumwa, IA 52501

$700,000

49.13 AC lot

49.13 acres of commercial and forest reserve land.

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Retail Space with Office Buildout

1110 Wildwood Dr, Ottumwa, IA 52501

Contact for pricing

1,200 sqft

Open commercial suite with reception, private office, restrooms, signage, and parking in an established retail setting.

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Commercial Land with Heated Slab

404 W Mary Street, Ottumwa, IA 52501

$200,000

0.83 AC lot

Improved commercial site with a concrete slab, new utilities, and an existing concrete drive.

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Recreational Hunting Land

0000 62nd St, Ottumwa, IA 52501

$452,200

Hunting property with timber, food plots, water features, and an established trail network.

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Conventional Restaurant with Game Room

315 Church Street, Ottumwa, IA 52501

Contact for pricing

Commercial property includes a fully equipped kitchen, dining area, storage, and customer restrooms.

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Prime Land at Hwy Intersection

Hwy 63 and Hwy 34, Ottumwa, IA 52501

$2,123,550

23 sqft

Exceptional investment opportunity at a highly visible Ottumwa location.

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Agricultural Land with Timber

0000 237th Ave, Ottumwa, IA 52501

$456,250

73.00 AC lot

73-acre farm in Wapello County with rolling pasture, light timber, and a hillside building site with electric and water.

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Highway Service Commercial Land

1 Roemer, Ottumwa, IA 52501

$50,000

C-2 Highway Service Commercial zoning accompanies a pond and tree-lined setting near Ottumwa city limits.

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Turnkey Equestrian Acreage

15502 Rock Bluff Rd, Ottumwa, IA 52501

$1,299,999

Fully fenced property with horse facilities, rolling pasture, and a 2-bedroom home with guest suite and shop space.

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Ottumwa, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Ottumwa, IA, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 66,868 square feet of properties for sale, with an estimated market value of $12,958,698.

Sale prices for business properties in Ottumwa, IA start at $32,000, averaging $563,421, and reaching up to $2,123,550 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 30K

Population Growth (5Y) +2.3%

Median Household Income $59,091

College Educated 28.3%

High-Yield Neighborhoods for Investment

Identify Ottumwa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
52501	$680.4K

Taxes & Financing

Tax Rate (average for all types) 3.02%

Property Tax per SF $37.77 per SF

Tax Rate vs County Average 0.04 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wapello County

New Delisted

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