501 N Sheridan Avenue

Ottumwa, IA,

Ottumwa, IA,
    $168,500
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    Basics

    • Date added: Added 5 months ago
    • Category:
    • Status:
    • Floors: Floor Drains,Vinyl/Linoleum
    • Lot size: 8276.4 sq ft
    • Year built: 1968
    • County: Wapello
    • Zoning: Business/Commercial
    • Acres: 0.19 acres
    • Price Per SQFT: $69.37
    • Current Use: Beauty/Barber Shop,Commercial,Event Space,Professional Service
    • DOM: 0
    • MLS ID: 6319690

    Description

    • 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.

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    Location

    • Lot Description: Corner Lot
    • Location: Free Standing,Other/See Remarks

    Building Details

    • Garage Stalls: 0
    • Water: City Water/Connected
    • Construction Materials: Concrete
    • Walls: Finished,Other/See Remarks
    • Building Total SqFt: 2667 sq ft
    • Roof:

    Amenities & Features

    • Available Utilities: Heating Separate
    • Style: Mixed Use
    • Air Conditioning: Central,Window
    • Parking Characteristics: Driveway - Gravel,Driveway - Concrete,Gravel Lot,Paved Lot
    • Exterior: Metal,Other
    • Heating: Forced Air,Hot Water
    • Sewer: City Sewer/Connected
    • Window Features: Display Window(s)

    Miscellaneous

    • Association: SEIA
    • Yearly/Seasonal: Yearly
    • Contingency: None
    • Accessible: Wheelchair Ramp,Doors 36"+
    • Fuel: Natural Gas
    • Miscellaneous: Loading Dock,Overhead Doors

    Fees & Taxes

    • Tax Year: 2022
    • Net Taxes: $1,708

    Inquire About This Property

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    This style property is located in Ottumwa is currently and has been listed on 1st Rate Real Estate. This property is listed at $168,500. It has bedrooms, bathrooms, and is . The property was built in 1968 year.

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