501 N Sheridan Avenue , Ottumwa, IA 52501
Ottumwa, IA 52501
Description
Are you an Investor or looking for an investment property? This building is currently producing income from 2 businesses with 2,337 sq. ft. of the building being rented as an event space and 330 sq. ft. as a nail/beauty salon. The entire sq. footage of the building was renovated in 2018 with an added furnace and central air unit to the event space. There is a separate window air AC unit and furnace for the nail/beauty salon, however, the tenants share the bathroom. There is a convenient handicap ramp in the rear of the building as well. The asphalt shingled roof was replaced 3 years ago. To accommodate event space tenants, two of the walls are partially covered with peg board for tenant decor to preventing damage to the walls, as well as, a conveniently placed kitchenette. There are three large display/storefront windows at the front of the building, and at the back of the building is a previously used loading dock with functioning garage door. The property provides paved parking to the front and back of the building. This well-maintained property has endless business opportunities being in the Church Street business district and is worth a look in person. Owner is relative of agent.
Details
| MLS# | 6319690 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1968 |
| Days On Site | 71 |
| Listing Provided By | Bogle Realty LLC | Kayla Miller |
Features
| Zoning | Business/Commercial |
|---|---|
| Property View | Corner Lot |
Market Activity 52501
Request a showing
Request a showing
Contact
Learn More About This Property
| State | IA |
|---|---|
| County | Wapello |
| City | Ottumwa |
| Zip Code | 52501 |
| Area | Wapello |
| Community Name | IA |
| School District | 5049 - Ottumwa |
| Listing VS Median (in IA) | |
Price: $168,500 low | high Med: $179,900 On Site: 71 low | high Med: 200.000000 | |