Commercial Sale For Sale

501 Sheridan Avenue, Ottumwa, Iowa 52501

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Property 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.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Price : $168,500
Status : Active
Days On Market : 37
Year Built : 1968
Lot Area : 0.19 Acre
Features
Heating System : Hot water, Forced air
Cooling System : Central Air, Window Unit(s)
Water/Sewer : City Sewer/connected
Construction
Roof Deck : Asphalt shingle
Style : Mixed Use
Zoning : Business/Commercial
Flooring : Vinyl, Floor Drains
Other
ParkingFeatures : Gravel,concrete,paved Lot
WindowFeatures : Display Window(s)
LotSizeSquareFeet : 8,276.40 Sqft
TaxAnnualAmount : $1,708
Utilities : Heating Separate
LotFeatures : Corner Lot
BuildingAreaTotal : 2,667 Sqft
Insurance Fee : $0
Taxes : $0
Listing Office Info
Listing ID : 6319690
List Office MLSID : 28866
List Office Name : Bogle Realty LLC
List Agent Email : kaylamiller@boglerealty.com
List Agent MLSID : 991408
Location
Street Number : 501
Street Suffix : Avenue
Street : Sheridan
Country : US
State : IA
County : Wapello
City : Ottumwa
Zipcode : 52501
Longitude : W93° 34' 51.6''
Latitude : N41° 0' 29.1''
Parcel Number : 007416920012000
StreetDirPrefix : N
Directions : Follow Church Street to North Sheridan Street. Traveling South on N. Sheridan St. the property is in the first block, on the corner of Garfield St. and N. Sheridan St.
Commercial Sale For Sale
  • Listing ID : 6319690
  • Lot Area : 0.19 Acre
  • Visits : 5 in 70 days
$168,500
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

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