Property profile & analytics
116 N Market St Ottumwa, IA 52501
- Bars
- 5,440 SF
- 0.06 lot acres
For Sale
View listing
$345,000
Value Estimation
Location Intelligence
Property ID
US25-1718042
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Bars
Property Details for 116 N Market St
- Year built
- 1863
- Construction
- LOG
- Lot size
- 0.06 lot acres
- Property size
- 5,440 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 7411240208000
- APU
- 7411240208000
Description
This exceptional commercial property located at 116 N Market Street in Ottumwa, Iowa, presents a fantastic investment opportunity. The 0.06-acre lot houses a building that previously operated as Pallister Brothers Bar & Taproom, and remains ideally suited for a brewery or bar operation. A detailed inventory list is available upon request for interested parties. The building boasts a strong rental income stream, with two executive apartments located upstairs and a law office occupying the main level
Value Estimation
Powered by Realmo proprietary methodology
Last update: July 3, 2025
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ottumwa
- County
- Wapello
- State
- Iowa
- Longitude
- -92.4101
- Latitude
- 41.018
- CBSA code
- 36900
- CBSA name
- OTTUMWA, IA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,528
$6,600
$169,640
$176,240
-
$6,600
$169,640
$176,240
