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Two-Level Mixed-Use Property
For Sale
$130,000

314 E Main Street #314 E Main, Ottumwa, IA 52501

Upper-level residential space pairs with a flexible first-floor area suitable for retail or office conversion.

Property SizeContact for details
Days on Market178

Property Features for 314 E Main Street #314 E Main

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,008

Building Details

Year Built 1880
Units 3
Listing Agency: Bridge City Realty
Listed By: Trisha Rea · License #***
Source: Sweeneyrealestate
Added: Mar 5 Changed: Aug 29 Last Checked: Aug 29 at 11:36AM

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 Bridge City Realty

Investment Insights

Based on property information with market context.

This two-level mixed-use property combines an upper-floor apartment with an open-plan first floor that can be adapted for commercial use. The lower level is positioned for a retail shop or small office, with example concepts including a pet store, gift shop, or children’s bookstore. A design proposal is included in the disclosures.

Built in 1880, the property is located on E Main Street in downtown Ottumwa, offering a combination of residential and commercial space within an established downtown setting.

Key Highlights

  • Two‑level mixed‑use property with an upper‑floor apartment
  • Open‑plan first floor adaptable for retail or small office use
  • Design proposal included in the disclosures

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center Grocery & Convenience Store Skin Care Clinic Furniture & Home Goods

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

934
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 80% Shops & Services 15% Hotels & Casinos 6%
SONIC Drive In Dining
18,885 visits/mo 0.5 miles
El Rancho Grande Dining
4,556 visits/mo 0.0 miles
Wells Fargo Shops & Services
3,475 visits/mo 0.4 miles
AmericInn by Wyndham Ottumwa Hotels & Casinos
1,745 visits/mo 0.3 miles
Firestone Complete Auto Care Shops & Services
810 visits/mo 0.3 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?
Mixed-use property - Upper-level residential space pairs with a flexible first-floor area suitable for retail or office conversion.
Where is this mixed-use property located?
The property is located at 314 E Main Street #314 E Main Ottumwa, IA.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Two‑level mixed‑use property with an upper‑floor apartment; Open‑plan first floor adaptable for retail or small office use; Design proposal included in the disclosures
More about this property
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