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Ottumwa, IA Office Buildings for Sale

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Agency, IA Bloomfield, IA Floris, IA Blakesburg, IA Hedrick, IA Batavia, IA Unionville, IA Fremont, IA
Two-Story Office Building
Updated: Jul 8
Two-Story Office Building

127 E Main Street, Ottumwa, IA 52501

$2,000,000
0.28 AC lot
21,198‑square‑foot office building arranged across 2 floors
Accessible elevator installed for movement between floors
Conference rooms and breakrooms included
Furnishings available
Brick construction completed in 1999
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Mercy One Medical Office Building
Updated: Apr 11
Mercy One Medical Office Building

522 N Hancock St, Ottumwa, IA 52501

Contact for pricing
Mercy One has occupied the building since its 2017 construction
More than 7 years remain on the original 10‑year lease term
Absolute NNN structure with no landlord obligations
5% rent escalations every 3 years during the initial term and 3 five‑year options
Near US‑34 and S. Wapello St., with combined traffic exceeding 62,000 vehicles per day
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See what stands out in Wapello County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 2 Active listings in Ottumwa, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Multi-Unit Office Building
Multi-Unit Office Building

2303 8Th Avenue E, University Park, IA 52595

$249,900
0.75 AC lot

Remodeled main-floor areas complement two large upstairs office units and a finished walk-out basement.

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Three-Story Historic Commercial Building
Three-Story Historic Commercial Building

300 N 12Th Street, Centerville, IA 52544

Contact for pricing
7,000 sqft

Three-story building with newer windows, newer furnace, and storage, with main-level space suited to retail or offices.

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Office Building With Finished Basement
Office Building With Finished Basement

2303 8Th Avenue E, University Park, IA 52595

Contact for pricing

Updated main-floor finishes and a walk-out basement support flexible office layouts.

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Office Building with Upstairs Space
Office Building with Upstairs Space

105 W Van Buren Street, Centerville, IA 52544

Contact for pricing

Four private offices, two conference rooms, and three bathrooms support a flexible commercial layout.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land on Highway
Prime Development Land on Highway

Parcel #1014300003, Oskaloosa, IA 52577

$3,800,000
21.53 AC lot

21.53 acre commercial development parcel with high visibility.

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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.

296 Richmond Ave
OFFICE BUILDING

296 Richmond Ave, Ottumwa, IA 52501-4226

$260,000
Estimated value
3,660 sqft 0.22 AC lot
View details
502 Forrest Ave
OFFICE BUILDING

502 Forrest Ave, Ottumwa, IA 52501-1518

$450,000
Estimated value
1,472 sqft 22.56 AC lot
View details
203 Main St
OFFICE BUILDING

203 Main St, Ottumwa, IA 52501-2917

$220,000
Estimated value
5,442 sqft 0.06 AC lot
View details
116 Market St
OFFICE BUILDING

116 Market St, Ottumwa, IA 52501-2921

$230,000
Estimated value
3,432 sqft 0.04 AC lot
View details
6733 120th Ave
OFFICE BUILDING

6733 120th Ave, Ottumwa, IA 52501-9155

$235,000
Estimated value
648 sqft 33.07 AC lot
View details
215 4th St
OFFICE BUILDING

215 4th St, Ottumwa, IA 52501-2513

$180,000
Estimated value
2,482 sqft 0.30 AC lot
View details
531 Sheridan Ave
OFFICE BUILDING

531 Sheridan Ave, Ottumwa, IA 52501-4258

$245,000
Estimated value
1,618 sqft 0.07 AC lot
View details
1191 Railroad St
OFFICE BUILDING

1191 Railroad St, Ottumwa, IA 52501-3601

$275,000
Estimated value
864 sqft 3.21 AC lot
View details
297 Richmond Ave
OFFICE BUILDING

297 Richmond Ave, Ottumwa, IA 52501-4227

$190,000
Estimated value
2,973 sqft 0.34 AC lot
View details
412 Main St
OFFICE BUILDING

412 Main St, Ottumwa, IA 52501-3026

$75,000
Estimated value
3,432 sqft 0.05 AC lot
View details
210 Tisdale St
OFFICE BUILDING

210 Tisdale St, Ottumwa, IA 52501-2338

$40,000
Estimated value
600 sqft 0.07 AC lot
View details
303 2nd St
PROFESSIONAL BUILDING

303 2nd St, Ottumwa, IA 52501-3001

$70,000
Estimated value
1,052 sqft 0.31 AC lot
View details
514 Woodland Ave
PROFESSIONAL BUILDING

514 Woodland Ave, Ottumwa, IA 52501-1810

$240,000
Estimated value
2,484 sqft 0.25 AC lot
View details
121 Main St
OFFICE BUILDING

121 Main St, Ottumwa, IA 52501

$1,455,000
Estimated value
21,312 sqft 0.28 AC lot
View details
522 Richmond Ave
OFFICE BUILDING

522 Richmond Ave, Ottumwa, IA 52501-4121

$115,000
Estimated value
2,400 sqft 0.20 AC lot
View details
107 2nd St
PROFESSIONAL BUILDING

107 2nd St, Ottumwa, IA 52501-2502

$220,000
Estimated value
7,036 sqft 0.08 AC lot
View details
116 Grn St
OFFICE BUILDING

116 Grn St, Ottumwa, IA 52501-3013

$165,000
Estimated value
4,164 sqft 0.15 AC lot
View details
2815 Ct St
OFFICE BUILDING

2815 Ct St, Ottumwa, IA 52501-1134

$600,000
Estimated value
2,426 sqft 0.55 AC lot
View details
203 2nd St
OFFICE BUILDING

203 2nd St, Ottumwa, IA 52501-2504

$80,000
Estimated value
1,392 sqft 0.15 AC lot
View details
215 Main St
OFFICE BUILDING

215 Main St, Ottumwa, IA 52501-2917

$225,000
Estimated value
4,136 sqft 0.13 AC lot
View details
101 Main St
OFFICE BUILDING

101 Main St, Ottumwa, IA 52501

$435,000
Estimated value
10,078 sqft 0.29 AC lot
View details
408 Main St
OFFICE BUILDING

408 Main St, Ottumwa, IA 52501-3026

$220,000
Estimated value
3,280 sqft 0.09 AC lot
View details

Ottumwa, IA Office Buildings Market Trends and Statistics

Explore 72 office buildings for sale in Ottumwa, IA on our real estate platform.

Sale prices for office properties in Ottumwa, IA average $2,000,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 6
Medical Office Space 2
Office buildings 2
Creative space 1

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 $2M

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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