Restaurants

Ottumwa, IA Restaurants for Sale

Notify Me
List
Map
Agency, IA Bloomfield, IA Blakesburg, IA Floris, IA Hedrick, IA Batavia, IA Ollie, IA Douds, IA
Restaurant Building with Game Room
Updated: Jun 30
Restaurant Building with Game Room

315 Church Street, Ottumwa, IA 52501

$699,000
Fully equipped commercial kitchen
Dining area, storage, game room, and customer restrooms
On‑site customer parking
Block construction completed in 1977
Public water service
View details
Conventional Restaurant with Game Room
Updated: Jun 30
Conventional Restaurant with Game Room

315 Church Street, Ottumwa, IA 52501

Contact for pricing
Fully equipped kitchen with dining, storage, game room, and customer restrooms
Built in 1977
On‑site customer parking
Near established businesses, retail, and residential neighborhoods
Equipment and furnishings may be included with an acceptable offer
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
2 active listings match your search: Restaurant for sale in Ottumwa, IA. Based on your search, we've also compiled 75 Potential Opportunities for your consideration: 4 properties in nearby cities, 70 off-market properties to explore as potential leads, and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Restaurant Property with Equipment
Restaurant Property with Equipment

500 W Burlington Avenue, Fairfield, IA 52556

$289,000
0.21 AC lot

Operating restaurant property with included equipment, front parking, and additional west-side easement parking.

View details
Retail Space on Double Lot
Retail Space on Double Lot

503 & 507 S Main St, New Sharon, IA 50207

$130,000
480 sqft

2018 retail space with a double-lot configuration and commercial zoning.

View details
Storefront Property
Storefront Property

503 S Main Street, New Sharon, IA 50207

$130,000
0.31 AC lot

The site fronts US 63 and has public water and sewer service.

View details
Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

112 N Main Street, Fairfield, IA 52556

$455,000
0.07 AC lot

Three second-floor apartments sit above a restaurant, and all four units are currently rented.

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.

2513 Northgate St
RESTAURANT

2513 Northgate St, Ottumwa, IA 52501-1119

Estimated value:
$310,000
2,640 sqft 1.15 AC lot
View details
808 Albia Rd
RESTAURANT

808 Albia Rd, Ottumwa, IA 52501-4126

Estimated value:
$225,000
3,346 sqft 0.41 AC lot
View details
714 Vine St
BAR, TAVERN

714 Vine St, Ottumwa, IA 52501-4354

Estimated value:
$180,000
1,980 sqft 0.15 AC lot
View details
323 Main St
RESTAURANT

323 Main St, Ottumwa, IA 52501-3024

Estimated value:
$135,000
3,990 sqft 0.06 AC lot
View details
719 Richmond Ave
DRIVE-THRU RESTAURANT, FAST FOOD

719 Richmond Ave, Ottumwa, IA 52501-4155

Estimated value:
$90,000
2,383 sqft 0.34 AC lot
View details
1314 Albia Rd
DRIVE-THRU RESTAURANT, FAST FOOD

1314 Albia Rd, Ottumwa, IA 52501-3944

Estimated value:
$145,000
504 sqft 0.62 AC lot
View details
319 Main St
RESTAURANT

319 Main St, Ottumwa, IA 52501-3024

Estimated value:
$140,000
8,345 sqft 0.13 AC lot
View details
312 Main St
BAR, TAVERN

312 Main St, Ottumwa, IA 52501-3041

Estimated value:
$50,000
5,018 sqft 0.08 AC lot
View details
1317 Mary St
RESTAURANT

1317 Mary St, Ottumwa, IA 52501-5252

Estimated value:
$255,000
4,056 sqft 1.39 AC lot
View details
518 Church St
BAR, TAVERN

518 Church St, Ottumwa, IA 52501-4215

Estimated value:
$225,000
2,249 sqft 0.06 AC lot
View details
2804 Ct St
RESTAURANT

2804 Ct St, Ottumwa, IA 52501-1163

Estimated value:
$230,000
2,217 sqft 0.27 AC lot
View details
2517 Northgate St
RESTAURANT

2517 Northgate St, Ottumwa, IA 52501-1119

Estimated value:
$240,000
3,064 sqft 1.83 AC lot
View details
105 Market St
RESTAURANT

105 Market St, Ottumwa, IA 52501-2920

Estimated value:
$175,000
2,156 sqft 0.03 AC lot
View details
107 Market St
RESTAURANT

107 Market St, Ottumwa, IA 52501-2920

Estimated value:
$190,000
2,710 sqft 0.03 AC lot
View details
618 Church St
BAR, TAVERN

618 Church St, Ottumwa, IA 52501-4235

Estimated value:
$135,000
1,298 sqft 0.03 AC lot
View details
233 Sheridan Ave
RESTAURANT

233 Sheridan Ave, Ottumwa, IA 52501-4655

Estimated value:
$150,000
1,072 sqft 0.15 AC lot
View details
222 Wapello St
DRIVE-THRU RESTAURANT, FAST FOOD

222 Wapello St, Ottumwa, IA 52501-2367

Estimated value:
$195,000
1,510 sqft 0.63 AC lot
View details
2455 Northgate St
RESTAURANT

2455 Northgate St, Ottumwa, IA 52501-1117

Estimated value:
$235,000
2,097 sqft 0.46 AC lot
View details
1247 Theatre Dr
DRIVE-THRU RESTAURANT, FAST FOOD

1247 Theatre Dr, Ottumwa, IA 52501-3772

Estimated value:
$395,000
4,056 sqft 0.55 AC lot
View details
2818 Ct St
RESTAURANT

2818 Ct St, Ottumwa, IA 52501-1163

Estimated value:
$235,000
3,053 sqft 0.30 AC lot
View details
345 Richmond Ave
RESTAURANT

345 Richmond Ave, Ottumwa, IA 52501-4119

Estimated value:
$255,000
3,780 sqft 0.50 AC lot
View details
1132 Quincy Ave
DRIVE-THRU RESTAURANT, FAST FOOD

1132 Quincy Ave, Ottumwa, IA 52501-3800

Estimated value:
$305,000
2,485 sqft 1.05 AC lot
View details

Ottumwa, IA Restaurants Market Trends and Statistics

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

Sale prices for restaurant properties in Ottumwa, IA average $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial kitchens 2
Conventional restaurants 2
Bars & Pubs 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 $699K

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

Total CRE Inventory on Market (SF)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Why this one?
Saved