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Single Family Residence in Ottumwa, IA

328 E Main Street, Ottumwa, IA, 52501

Description

Bedroom

2 Rooms

Bathroom

1 Bath

Square Foot

3502 Ft

Lot Size

0.16 Acres

2 Building Bundle! Charming Two-Story Brick Building in Downtown Ottumwa! This versatile property features an income-ready retail space and a bar/eatery layout on the first floor, ideal for a low-risk cafe or breakfast spot (no open flame required for lower overhead!). The second floor boasts a ready-to-rent or live in two-bedroom, one-bathroom apartment, with potential monthly rental income of $2,500. There's also an opportunity to add a rear deck for even more appeal! These buildings are being sold as a package with the adjacent vacant three-story brick building at 314 E Main, offering endless possibilities. Imagine a two-level penthouse apartment with an open concept for the ultimate downtown living experience! The first floor can be transformed into a retail shop, such as a pet store, a gift shop, children's bookstore, or even a small office space. Design proposal in the disclosures. Don't miss out on this unique opportunity to own a piece of downtown Ottumwa with endless potential! Call to Schedule your showing today

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Ottumwa Expert Agent

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Additional Listing Details:

Last Refresh: 04/04/2026 09:00:03 AM UTC

MLS #: 6336940

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Listing Agent

Trisha Rea

License # ***

Bridge City Realty

Phone: 641-684-1234