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1005 Pennsylvania Ave Ottumwa, IA 52501

Sponsored
For Lease
$14 SF/Yr

Modern medical office suites available.

Lot size:
70,046 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional Ottumwa, IA medical office building, located at 1005 E Pennsylvania Ave (cross street: W. Penn Ave), offers 70,046 square feet of versatile space in a Class B building renovated in 2023. The property features multiple suites, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 25,000 square feet, with 25,000 square feet currently vacant. The two-story building boasts a 12-foot ceiling height, three elevators, and ample parking. It benefits from its proximity to Ottumwa Regional Hospital, a level 3 trauma center. The building is undergoing a complete renovation and modernization of common areas and the exterior, promising a first-class medical facility at competitive lease rates. The property is ideal for medical practices seeking flexible, modern space, with build-to-suit options and tenant improvement allowances available upon negotiation. This prime location in Ottumwa, IA (zip code 52501) offers excellent visibility and accessibility. Inquire today to learn more about leasing opportunities.

Property Features for 1005 Pennsylvania Ave

General Information

Property type
Office space
Lease Type
Gross Lease
RSF (Rentable sq. ft)
70,046 SF
Class
B
Total Rate
84638.92

Building Details

Year Renovated
2023
Buildings
1
Stories
2

Unit(s) available at that property

Space
Available Space 1
Size
25,000 SF
Rate per SF
$14

HighLights

  • 70,046 SF Class B medical office building in Ottumwa, IA (52501), renovated in 2023.
  • Multiple suites available, ranging from 1,200 SF to 25,000 SF contiguous; 25,000 SF currently vacant.
  • Building features include 12' ceilings, three elevators, and ample parking.
  • Direct connection to Ottumwa Regional Hospital (Level 3 Trauma Center).
  • Extensive renovations completed, including remodeled common areas, updated landscaping, new monument signage, and resurfaced parking.
  • Modern amenities such as new common area furniture and a remodeled entry.
Property Profile Location Intelligence

Current Use by Public Records

Office space

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ottumwa
County
Wapello
State
Iowa
Longitude
-92.3913519
Latitude
41.0289759

FAQs

What type of property is this?
Office space - Modern medical office suites available.
Where is this office space located?
The property is located at 1005 Pennsylvania Ave Ottumwa, IA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 70,046 SF Class B medical office building in Ottumwa, IA (52501), renovated in 2023.; Multiple suites available, ranging from 1,200 SF to 25,000 SF contiguous; 25,000 SF currently vacant.; Building features include 12' ceilings, three elevators, and ample parking.
More about this property
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