305 South Iowa Avenue, Ottumwa, IA 52501

Building Details

Year Built 1965 More

Listing Agency: Boley Real Estate

Listed By: Tyler Boley Show Phone

Source: Crexi

Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 6:06PM

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Investment Insights

Based on property information with market context.

This restaurant property occupies approximately 0.39 acres and was built in 1965. Its interior includes a dining area, kitchen, and two restrooms, with a parking lot on site. The existing configuration reflects its former restaurant operation.

Key Highlights

• Approximately 0.39 acres
• Built in 1965
• Dining area, kitchen, and 2 restrooms

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Law Firm Electrical Service Parking Lot & Garage

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

125

Businesses Nearby

13k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Ottumwa #1 Shops & Services

9,307 visits/mo 0.4 miles

Dollar General Shops & Services

3,914 visits/mo 0.5 miles

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - A prior restaurant layout includes dedicated dining, kitchen, restroom, and on-site parking areas.

Where is this conventional restaurant located?

The property is located at 305 South Iowa Avenue Ottumwa, IA.

What is the asking price?

The asking price for this property is $125,000.

What are key features of this property?

This property features: Approximately 0.39 acres; Built in 1965; Dining area, kitchen, and 2 restrooms