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Two-Story Office Building
For Sale
$2,000,000

127 E Main Street, Ottumwa, IA 52501

Elevator-served workplace with conference rooms, breakrooms, and furnishings available.

Property Size21,198 SF
Price / SF$94.35
Days on Market53

Property Features for 127 E Main Street

General Information

Standard status Active
Size 21,198 SF
Elevators Yes
Property subtype Commercial

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $37,676

Amenities

conference rooms
breakrooms

Building Details

Building Size 21,198 SF
Year Built 1999
Units 2
Listing Agency: Team Real Estate
Listed By: Daniel Cavanaugh
Source: Sweeneyrealestate
Added: Jul 8 Changed: Aug 28 Last Checked: Aug 29 at 10:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Team Real Estate

Investment Insights

Based on property information with market context.

Built in 1999, this office property provides 21,198 square feet arranged across 2 floors. An elevator serves the building, while the interior includes conference rooms and breakrooms. Furnishings are available for continued office use, and leasing options will be considered.

The property is located at 127 E Main Street in downtown Ottumwa, Iowa, along Main Street. Its central setting provides an established downtown address for an office user or owner seeking a multi-level commercial workplace.

Key Highlights

  • 21,198 square feet across 2 floors
  • Elevator serves both building levels
  • Conference rooms and breakrooms included

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center Big Box & Wholesale Store Storage Facility Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

800
Businesses Nearby

Demographics for 52501, IA

30,313
Population
13,654
Households
2.2
Avg Household Size
38
Median Age
20%
College-Educated
87%
High-School Grad
225.3 sq mi
ZIP Area
135
Density / Sq Mi
$59,091
Median Household Income
$40,173
Median Earnings
$955
Median Rent
$109,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Elevator-served workplace with conference rooms, breakrooms, and furnishings available.
Where is this office building located?
The property is located at 127 E Main Street Ottumwa, IA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 21,198 square feet across 2 floors; Elevator serves both building levels; Conference rooms and breakrooms included
More about this property
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