116 N Market Street, Ottumwa, Iowa 52501

IA, Ottumwa
$385,000
  • 0.06 Acre
  • Commercial Sale Property Type
  • 1863 Year Built
  • Active Status
Property Description

Fantastic investment opportunity. This building formerly housed Pallister Brothers Bar & Taproom. It is still set up for a turn-key brewery/ bar opportunity. Inventory list will be available upon request. There are two executive apartments upstairs and a law office on the main level. All three spaces are rented and bring in a great monthly income. Brand new facade in 2024 and a complete renovation of the building within the last 15 years. This truly is a must see. Call an agent to schedule a showing today.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6324218
  • Price: $385,000
  • Year Built: 1863
  • Lot Area: 0.06 Acre
  • Status: Active
  • Office Name: RE/MAX Pride-Ottumwa
Features
  • Heating System Forced Air
  • Parking On-Street Parking Only
  • Architectural Style Mixed Use
  • Sewer City Sewer/Connected
  • Utilities Hot Water Common,Electric Separate,Heating Separate
Address Map
  • Country US
  • State IA
  • County Wapello
  • City Ottumwa
  • Zipcode 52501
  • Street: Market
  • Street Number: 116
  • Street Suffix: Street
  • Longitude: W93° 35' 23.6''
  • Latitude: N41° 1' 4.8''
  • Directions: x
  • Street Dir Prefix: N
Additional Information
  • Accessibility Features: None
  • Current Use: Commercial,Office,Residential,Event Space,Food Service
  • Lot Size Dimensions: 40X66
  • Number Of Units Total: 4
  • Possible Use: Income,Lounge/Bar,Office,Rest/Lounge,Restaurant,Retail
  • Previous Price: 385000
  • Virtual Tour: https://tour.giraffe360.com/f743c460f323472d9a4dc090e188656d/
  • Water Source: City Water/Connected
Financial
  • Tax Annual Amount: 4639
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

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