Historic Downtown Mixed-Use
For Sale
$55,000
229 E 2Nd Street, Ottumwa, IA 52501
COMMERCIAL - Other - Ottumwa, IA
Property SizeContact for details
Lot Size0.30 Acres
Days on Market279
Property Features for 229 E 2Nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
OTTUMWA ORIG
Directions
Corner of Green and 2nd
Standard status
Active
APN
007411240202000
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
OTTUMWA ORIGINAL LOT 191 BLK 15 (229 E SECOND)
Tax Annual Amount
2146
Legal Description
OTTUMWA ORIGINAL LOT 191 BLK 15 (229 E SECOND)
Utilities
Water source
Public
Building Details
Year built
1920
Building materials
Brick
Architectural style
Other
Listing Agency:
Ottumwa Realty
(641) 683-7653
Listed By:
Derek Gates · License #***
(641) 777-2150
Added: Nov 14, 2025
Changed: Aug 19
Last Checked: Aug 20 at 11:06AM
MLS# 6333725
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Built in 1920, this brick mixed-use property occupies a 0.3-acre corner lot at 229 E 2nd Street in downtown Ottumwa. The building formerly served as the original YMCA and now requires significant renovation, presenting a substantial redevelopment project rather than a move-in-ready asset. Public water serves the property.
Its downtown setting, prominent corner position, and existing scale support consideration for commercial, mixed-use, community, or creative-space applications, subject to applicable approvals and the final redevelopment plan. The property is located in Ottumwa, Wapello County, Iowa, with postal code 52501.
Its downtown setting, prominent corner position, and existing scale support consideration for commercial, mixed-use, community, or creative-space applications, subject to applicable approvals and the final redevelopment plan. The property is located in Ottumwa, Wapello County, Iowa, with postal code 52501.
Key Highlights
- 0.3‑acre corner lot at 229 E 2nd Street in downtown Ottumwa
- Brick construction with a 1920 build year
- Former original YMCA building
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
805
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner-lot brick property requiring substantial renovation, with a former YMCA layout and broad redevelopment potential.
Where is this mixed-use property located?
The property is located at 229 E 2Nd Street Ottumwa, IA.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: 0.3‑acre corner lot at 229 E 2nd Street in downtown Ottumwa; Brick construction with a 1920 build year; Former original YMCA building
