1005 Pennsylvania Ave Ottumwa, IA 52501
- Medical offices
- 87,967 SF
- 4.28 lot acres
Current Use by Public Records
- Medical offices
Property Details for 1005 Pennsylvania Ave
- Year built
- 1976
- Lot size
- 4.28 lot acres
- Property size
- 87,967 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 7411990001010
- APU
- 7411990001010
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ottumwa
- County
- Wapello
- State
- Iowa
- Longitude
- -92.3884
- Latitude
- 41.0284
- CBSA code
- 36900
- CBSA name
- OTTUMWA, IA MICROPOLITAN STATISTICAL AREA
