# 328 & 314 E Main Street Unit 314 E Main, Ottumwa, IA 52501

> **TL;DR:** commercial, $415,000, built 1880.
> A/C. Est. $1,798/mo. Listed 36 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $415,000 |
| Year Built | 1880 |
| Lot Size | 3,485 sqft (0.08 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 36 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,798 |
| **Total** | **$1,798** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1880
- 0.08 acre lot

## Description

### Agent Description
2 Building Bundle! Charming Two-Story Brick Building in Downtown Ottumwa! This versatile property features an income-ready retail space and a bar/eatery layout on the first floor, ideal for a low-risk cafe or breakfast spot (no open flame required for lower overhead!). The second floor boasts a ready-to-rent two-bedroom, one-bathroom apartment, with potential monthly rental income of $2,500. There's also an opportunity to add a rear deck for even more appeal! This building is being sold as a package with the adjacent vacant three-story brick building at 314 E Main, offering endless possibilities. Imagine a two-level penthouse apartment with an open concept for the ultimate downtown living experience! The first floor can be transformed into a retail shop, such as a pet store, a gift shop, children's bookstore, or even a small office space. Design proposal in the disclosures. Don't miss out on this unique opportunity to own a piece of downtown Ottumwa with endless potential! Call to Schedule your showing today!

## Location

- **Address:** 328 & 314 E Main Street Unit 314 E Main, Ottumwa, IA 52501
- **County:** Wapello
- **Coordinates:** 41.015712, -92.410174
- **Google Maps:** https://www.google.com/maps?q=41.015712,-92.410174

## Listing Agent

- **Name:** Trisha Rea
- **Brokerage:** Bridge City Realty
- **Phone:** 6416804274
- **Email:** trisha@bridgecityrealty.com

## Primary Photo

![328 & 314 E Main Street Unit 314 E Main - Primary Photo](http://lh.rdcpix.com/7b343013d45a0175274bd4473b89c94bl-f4149673174r.jpg)

*47 total photos available on [listing page](https://www.propertysimple.com/listing/328-314-e-main-street-unit-314-e-main-ottumwa-ia-52501-6336098)*

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**MLS#:** 6336098 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/328-314-e-main-street-unit-314-e-main-ottumwa-ia-52501-6336098)

---

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