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    127 E Main St Ottumwa, IA 52501

    For Lease
    $122,388

    Office, Commercial Lease - Ottumwa, IA

    Property size:
    21,198 SF
    Lot size:
    0.28 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 127 E Main St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    007411240273010
    Parking features
    Paved or Surfaced
    Size
    21,198 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1999
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

    Team Real Estate (641) 682-2221

    Listing agent Daniel Cavanaugh (641) 682-2221 License #***

    Listing date Oct 1, 2025

    MLS# 6316305 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Ottumwa Office Space

    Available for lease is an office space located in downtown Ottumwa, Iowa. The property offers 10199 square feet of space at an annual rate of $12.00 per square foot. The building features an elevator and a breakroom. Furnishings are available. Situated on Main Street in downtown Ottumwa, the property is located on a lot of approximately 0.28 acres. The total property size is 21198 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ottumwa
    County
    Wapello
    State
    Iowa
    Longitude
    -92.411733
    Latitude
    41.017443

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    FAQs

    What type of property is this?
    Office space - Affordable office space in downtown Ottumwa, Iowa for lease.
    Where is this office space located?
    The property is located at 127 E Main St Ottumwa, IA.
    What are key features of this property?
    This property features: - Large office space: 10,199 sq ft provides ample room for operations.; - Affordable price: $12.00 per sq ft annually represents a competitive rate.; - Prime downtown location: Situated on Main Street in Ottumwa, Iowa.
    (641) 682-2221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    127 E Main St Ottumwa, IA 52501
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