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    Ottumwa, IA Restaurants for Sale

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    Bloomfield, IA Floris, IA Blakesburg, IA Hedrick, IA Batavia, IA Fremont, IA Douds, IA Albia, 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 what stands out in Wapello County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 2 Active listings in Ottumwa, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

    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
    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    112 N Main Street, Fairfield, IA 52556

    $465,000
    0.07 AC lot

    Operating restaurant space with three upstairs apartments and included commercial equipment.

    View details
    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    207 N 13th Street, Centerville, IA 52544

    $99,900

    Brick commercial property with restaurant improvements, an upper-level apartment, and Business/Commercial zoning.

    View details
    Downtown Bar with Music Stage
    Downtown Bar with Music Stage

    301 W State, Centerville, IA 52544

    $98,000

    Brick commercial space offers a substantial bar, customer seating, entertainment features, and on-street parking.

    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.

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    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

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