123 E 3Rd St Ottumwa, IA 52501
- Banks
- 26,207 SF
- 0.60 lot acres
Current Use by Public Records
- Banks
Property Details for 123 E 3Rd St
- Year built
- 1956
- Construction
- LOG
- Lot size
- 0.60 lot acres
- Property size
- 26,207 SF
- Property type
- Banks
- APN
- 7411240198000
- APU
- 7411240198000
Description
This exceptional commercial property presents a unique investment opportunity in Ottumwa, Iowa. Located at 123 3rd St E, this former bank building boasts a substantial 26,207 square feet of space, situated on a 0.6-acre lot. The building, constructed in 1956, has undergone renovations to achieve a Class A standard, ensuring a high-quality interior. The property is well-maintained and features a convenient surface parking lot, a significant advantage for potential tenants. The building is zoned for commercial use, offering flexibility for a variety of businesses. With a list price of $1,450,000, the price per square foot comes to $55.33. This prime location in Wapello County, Iowa, zip code 52501, offers excellent visibility and accessibility. The property's size and condition make it ideal for a wide range of commercial ventures, presenting a strong return on investment potential. The building's history as a bank provides a solid foundation for future success, and its updated interior ensures a modern and functional space for any business. This is a rare opportunity to acquire a substantial, well-maintained commercial property in a desirable location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ottumwa
- County
- Wapello
- State
- Iowa
- Longitude
- -92.4101
- Latitude
- 41.0187
- CBSA code
- 36900
- CBSA name
- OTTUMWA, IA MICROPOLITAN STATISTICAL AREA