Brick Two-Story Mixed-Use
For Sale
$335,000
328 E Main Street, Ottumwa, IA 52501
COMMERCIAL - Other - Ottumwa, IA
Property SizeContact for details
Lot Size0.08 Acres
Days on Market107
Property Features for 328 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
North Jefferson St to E Main St
Standard status
Active
APN
007411240296000
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
OTTUMWA ORIGINAL-MID OTTUMWA ORIGINAL-MID 22'LOT 341 BLK 30 22' LOT 341 BLK 30 AKA-NW 22'OF SE 44' AKA-NW 22'OF SE 44' LOT 341 BLK 30 (328 LOT 341 BLK 30 (328 E MAIN) E MAIN) (328 E MAIN SUITE 101 - 1
Tax Annual Amount
3830
Legal Description
OTTUMWA ORIGINAL-MID OTTUMWA ORIGINAL-MID 22'LOT 341 BLK 30 22' LOT 341 BLK 30 AKA-NW 22'OF SE 44' AKA-NW 22'OF SE 44' LOT 341 BLK 30 (328 LOT 341 BLK 30 (328 E MAIN) E MAIN) (328 E MAIN SUITE 101 - 1
Utilities
Heating system
Forced Air
Water source
Public
Water front features
River Front
Building Details
Year built
1880
Number of units
3
Building materials
Brick
Architectural style
Other
Listing Agency:
Bridge City Realty
(641) 684-1234
Listed By:
Trisha Rea · License #***
(641) 680-4274
Added: Apr 19
Changed: May 9
Last Checked: Aug 3 at 3:06PM
MLS# 6337395
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.
Brick two-story mixed-use building built in 1880 featuring forced-air heating and public water service. The first floor is configured as a working retail and bar/eatery space and is currently home to two established local businesses. The second floor is a walk-up apartment with two bedrooms and one bathroom, operating as a licensed short-term rental on Airbnb with verified SuperHost status.
Set on a 0.08-acre lot with riverfront features, the property is positioned in the heart of downtown Ottumwa at 328 E Main Street. The existing layout supports immediate income from the ground-floor commercial use and the upstairs rental, with flexibility for new ownership to continue operations, welcome a new commercial tenant, or transition the upstairs apartment to a long-term residential lease.
Overall, the building’s downtown mixed-use configuration combines street-level retail/bar-eatery space with an upstairs residential unit that can remain short-term or convert to long-term housing.
Set on a 0.08-acre lot with riverfront features, the property is positioned in the heart of downtown Ottumwa at 328 E Main Street. The existing layout supports immediate income from the ground-floor commercial use and the upstairs rental, with flexibility for new ownership to continue operations, welcome a new commercial tenant, or transition the upstairs apartment to a long-term residential lease.
Overall, the building’s downtown mixed-use configuration combines street-level retail/bar-eatery space with an upstairs residential unit that can remain short-term or convert to long-term housing.
Key Highlights
- 0.08‑acre mixed‑use property with riverfront features
- Built in 1880 with brick construction and forced‑air heating
- Two‑story configuration with a walk‑up apartment
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
27
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story brick mixed-use building with a riverfront setting, forced-air heat, and public water service.
Where is this mixed-use property located?
The property is located at 328 E Main Street Ottumwa, IA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 0.08‑acre mixed‑use property with riverfront features; Built in 1880 with brick construction and forced‑air heating; Two‑story configuration with a walk‑up apartment
