Mixed-Use

Ottumwa, IA Mixed-use Properties for Sale

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Agency, IA Bloomfield, IA Blakesburg, IA Floris, IA Hedrick, IA Batavia, IA Douds, IA Albia, IA
Brick Mixed-Use Building
Updated: Nov 14, 2025
Brick Mixed-Use Building

229 E 2Nd Street, Ottumwa, IA 52501

$55,000
0.30 AC lot
0.3‑acre corner‑lot property in downtown Ottumwa
Brick building constructed in 1920
Former home of the original YMCA
Public water source
Existing structure requires significant TLC
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3-Unit Mixed-Use Property
Updated: Aug 7
3-Unit Mixed-Use Property

402 Richmond Street, Ottumwa, IA 52501

$149,000
2,200 sqft
Three‑unit building totaling 2,200 square feet
Upper‑level 2 bedroom apartment currently occupied
Main‑level studio apartment ready for updates
Commercial space includes 2 office areas and kitchenette
Utilities are split out separately
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Restored Mixed-Use Building
Restored Mixed-Use Building

325 E Main St, Ottumwa, IA 52501

$560,000
3,500 sqft

Downtown property combines an open commercial main level with three remodeled upstairs apartments.

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See hot listings in Ottumwa

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Three-Unit Mixed-Use Building
Three-Unit Mixed-Use Building

402 Richmond Ave, Ottumwa, IA 52501

$149,000
2,200 sqft

Mixed-use configuration includes apartments, office areas, and a kitchenette within one commercial property.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 4 Active listings in Ottumwa, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Mixed-Use Building
Brick Mixed-Use Building

221 1st Ave E, Oskaloosa, IA 52577

$128,945
1,200 sqft

Flexible commercial space with parking near the city square.

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Two-Level Brick Storefront Building
Two-Level Brick Storefront Building

209 High Avenue, Oskaloosa, IA 52577

$167,800
0.09 AC lot

Retail building with two occupied main-level spaces, an unfinished upper floor, and rear parking improvements.

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Mixed-Use Buildings with Apartments
Mixed-Use Buildings with Apartments

104 & 106 W Jefferson Street, Bloomfield, IA 52537

$175,000
0.14 AC lot

Two brick commercial buildings combine vacant ground-floor space with renovated, fully occupied apartments above.

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Mixed-Use Buildings With Apartments
Mixed-Use Buildings With Apartments

104 & 106 W Jefferson Street, Bloomfield, IA 52537

$175,000

Two connected commercial buildings combine renovated apartments with vacant ground-floor space for retail, restaurant, or office use.

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Off-Market Properties in Ottumwa, IA

Consider similar Off-Market properties in Ottumwa, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

325 Main St
OFFICE/RESIDENTIAL (MIXED USE)

325 Main St, Ottumwa, IA 52501-3057

Estimated value:
$515,000
6,860 sqft 0.08 AC lot
View details
223 Main St
OFFICE/RESIDENTIAL (MIXED USE)

223 Main St, Ottumwa, IA 52501-2917

Estimated value:
$165,000
1,584 sqft 0.07 AC lot
View details
616 Main St
OFFICE/RESIDENTIAL (MIXED USE)

616 Main St, Ottumwa, IA 52501-3154

Estimated value:
$250,000
2,899 sqft 0.10 AC lot
View details
201 2nd St
STORE/OFFICE (MIXED USE)

201 2nd St, Ottumwa, IA 52501-2958

Estimated value:
$250,000
13,210 sqft 0.10 AC lot
View details
120 Ct St
STORE/OFFICE (MIXED USE)

120 Ct St, Ottumwa, IA 52501-2567

Estimated value:
$340,000
16,187 sqft 0.15 AC lot
View details
133 2nd St
STORE/OFFICE (MIXED USE)

133 2nd St, Ottumwa, IA 52501-2502

Estimated value:
$3,665,000
20,812 sqft 0.22 AC lot
View details
2523 Northgate St
OFFICE/RESIDENTIAL (MIXED USE)

2523 Northgate St, Ottumwa, IA 52501-1151

Estimated value:
$225,000
2,104 sqft 0.51 AC lot
View details
320 Main St
OFFICE/RESIDENTIAL (MIXED USE)

320 Main St, Ottumwa, IA 52501-3041

Estimated value:
$210,000
4,376 sqft 0.08 AC lot
View details
425 2nd St
OFFICE/RESIDENTIAL (MIXED USE)

425 2nd St, Ottumwa, IA 52501-2308

Estimated value:
$235,000
3,036 sqft 0.15 AC lot
View details
121 2nd St
STORE/OFFICE (MIXED USE)

121 2nd St, Ottumwa, IA 52501

Estimated value:
$380,000
3,300 sqft 0.04 AC lot
View details
220 2nd St
OFFICE/RESIDENTIAL (MIXED USE)

220 2nd St, Ottumwa, IA 52501-2900

Estimated value:
$230,000
5,984 sqft 0.07 AC lot
View details
123 2nd St
STORE/OFFICE (MIXED USE)

123 2nd St, Ottumwa, IA 52501-2926

Estimated value:
$470,000
3,263 sqft 0.04 AC lot
View details
Ottumwa, IA 52501
STORE/OFFICE (MIXED USE)

Ottumwa, IA 52501

Estimated value:
$240,000
3,518 sqft 0.04 AC lot
View details

Ottumwa, IA Mixed-Use Properties Market Trends and Statistics

Explore 17 mixed-use properties for sale in Ottumwa, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,900 square feet of properties for sale, with an estimated market value of $913,000.

Sale prices for multi use buildings in Ottumwa, IA start at $55,000, averaging $228,250, and reaching up to $560,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 30K
Population Growth (5Y) +2.3%
Median Household Income $59,091
College Educated 28.3%

High-Yield Neighborhoods for Investment

Identify Ottumwa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
52501 $237.5K

Taxes & Financing

Tax Rate (average for all types) 3.02%
Property Tax per SF $37.77 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wapello County

New Delisted

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