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    Ottumwa, IA
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    Ottumwa, IA Office Spaces 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
    View details
    Multi-Building Flex Space Complex
    Updated: Aug 13
    Multi-Building Flex Space Complex

    201 S Iowa Ave, Ottumwa, IA 52501

    $549,999
    49,052 sqft 2.54 AC lot
    Approximately 49, 052 square feet across multiple structures
    2.54± acres with outdoor yard space
    Combination of warehouse, shop, office, retail, and storage areas
    Loading access and enclosed warehouse space
    Located at 201 S Iowa Ave in Ottumwa, Iowa
    View details
    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.

    View details
    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
    Two-Building Office Property
    Two-Building Office Property

    333 N Court Street, Ottumwa, IA 52501

    Contact for pricing
    0.68 AC lot

    Two separate office buildings provide flexible space for business operations, leasing, or owner occupancy.

    View details
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 4 Active listings in Ottumwa, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Remodeled Multi-Unit Office Building
    Remodeled Multi-Unit Office Building

    2303 8Th Avenue E, University Park, IA 52595

    $229,000
    0.75 AC lot

    Flexible floor plan includes two upper-level suites and a finished walk-out basement.

    View details
    Spa & Wellness Property with Offices
    Spa & Wellness Property with Offices

    1506 A Ave E, Oskaloosa, IA 52577

    $310,000

    Beauty salon configuration with a separate entrance, remodeled lobby, and multiple office spaces.

    View details
    Beauty Salon Office Property
    Beauty Salon Office Property

    1506 A Ave E, Oskaloosa, IA 52577

    Contact for pricing

    Commercial building includes a large paved parking lot, handicap accessibility, and separate entrance to a newly remodeled lobby.

    View details
    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.

    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.

    General Commercial Development Land
    General Commercial Development Land

    Parcel #1014300003, Oskaloosa, IA 52577

    $3,800,000
    21.53 AC lot

    General Commercial zoning supports varied development options near a major highway interchange and route intersection.

    View details

    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

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

    502 Forrest Ave, Ottumwa, IA 52501-1518

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

    203 Main St, Ottumwa, IA 52501-2917

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

    116 Market St, Ottumwa, IA 52501-2921

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

    6733 120th Ave, Ottumwa, IA 52501-9155

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

    215 4th St, Ottumwa, IA 52501-2513

    Estimated value:
    $180,000
    2,482 sqft 0.30 AC lot
    View details
    727 Pennsylvania Ave
    MEDICAL BUILDING

    727 Pennsylvania Ave, Ottumwa, IA 52501-2153

    Estimated value:
    $550,000
    3,273 sqft 1.40 AC lot
    View details
    531 Sheridan Ave
    OFFICE BUILDING

    531 Sheridan Ave, Ottumwa, IA 52501-4258

    Estimated value:
    $245,000
    1,618 sqft 0.07 AC lot
    View details
    2427 Northgate St
    MEDICAL BUILDING

    2427 Northgate St, Ottumwa, IA 52501-1117

    Estimated value:
    $185,000
    3,960 sqft 0.62 AC lot
    View details
    301 Main St
    MEDICAL BUILDING

    301 Main St, Ottumwa, IA 52501-2524

    Estimated value:
    $385,000
    2,000 sqft 0.20 AC lot
    View details
    1191 Railroad St
    OFFICE BUILDING

    1191 Railroad St, Ottumwa, IA 52501-3601

    Estimated value:
    $275,000
    864 sqft 3.21 AC lot
    View details
    921 Pennsylvania Ave
    MEDICAL BUILDING

    921 Pennsylvania Ave, Ottumwa, IA 52501-2138

    Estimated value:
    $270,000
    3,004 sqft 1.52 AC lot
    View details
    1317 Elm St
    MEDICAL BUILDING

    1317 Elm St, Ottumwa, IA 52501-6417

    Estimated value:
    $230,000
    2,192 sqft 0.52 AC lot
    View details
    297 Richmond Ave
    OFFICE BUILDING

    297 Richmond Ave, Ottumwa, IA 52501-4227

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

    412 Main St, Ottumwa, IA 52501-3026

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

    210 Tisdale St, Ottumwa, IA 52501-2338

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

    303 2nd St, Ottumwa, IA 52501-3001

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

    514 Woodland Ave, Ottumwa, IA 52501-1810

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

    121 Main St, Ottumwa, IA 52501

    Estimated value:
    $1,455,000
    21,312 sqft 0.28 AC lot
    View details
    1009 Pennsylvania Ave
    MEDICAL BUILDING

    1009 Pennsylvania Ave, Ottumwa, IA 52501-2108

    Estimated value:
    $380,000
    8,894 sqft 4.88 AC lot
    View details

    Ottumwa, IA Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Ottumwa, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 51,252 square feet of properties for sale, with an estimated market value of $753,999.

    Sale prices for office properties in Ottumwa, IA start at $55,000, averaging $251,333, and reaching up to $549,999 — 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 7
    Medical Office Space 2
    Creative space 1
    Office buildings 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 $692.5K

    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

    How Realmo verifies these figures

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