About This Home

This 0-bedroom, 0-bathroom commercial at 229 E 2Nd Street in Ottumwa, IA is listed for $55,000. Built in 1920, on a 0.30 acres lot.

Key Features

  • Built in 1920
  • 0.30 acre lot

Property Details

1920
Listing Description

Seller Financing is available! Endless potential in the heart of Ottumwa's historic downtown! Once home to the original YMCA, this massive brick building sits prominently on a corner lot with excellent visibility and access. The structure offers an incredible amount of space and a layout that opens the door to a wide variety of redevelopment possibilities-commercial, mixed-use, community space, creative workspace, or investor renovation project.

This is a foreclosure and does need significant TLC, but the size, location, and history make it an opportunity rarely found at this price point. Seller financing is available with a strong down payment, giving buyers flexibility to bring their vision to life. If you're looking for a high-potential project in downtown Ottumwa, this property is ready for your ideas. Schedule a showing and explore what this building could become!

Monthly Cost Estimate

$294/mo

20% down · 6.5% · 30 years

Principal$40
Interest$238
Insurance$16

Estimates only. Actual payments may vary.

Location

229 E 2Nd Street

Ottumwa, IA 52501

OTTUMWA ORIG

Property Details

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 229 E 2Nd Street is listed at $55,000. The estimated monthly payment is $294 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.30 acre lot.

This property is listed by Derek Gates.

DG

Derek Gates

Agent at Ottumwa Realty

Listed by Ottumwa Realty · Broker phone: 641-683-7653

MLS# 6333725· Source: NoCoast MLS· 348 days on PropertySimple

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.

229 E 2Nd Street, Ottumwa, IA 52501

Open this listing in: