# 501 N Sheridan Avenue, Ottumwa, IA 52501

> **TL;DR:** commercial, $125,000, built 1968.
> A/C. Est. $542/mo. Listed 230 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $125,000 |
| Year Built | 1968 |
| Lot Size | 8,276 sqft (0.19 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 230 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $542 |
| **Total** | **$542** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1968
- 0.19 acre lot

## Description

### Agent 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.

## Location

- **Address:** 501 N Sheridan Avenue, Ottumwa, IA 52501
- **County:** Wapello
- **Neighborhood:** SETH RICHARDS ADD
- **Coordinates:** 41.008083, -92.419009
- **Google Maps:** https://www.google.com/maps?q=41.008083,-92.419009

## Listing Agent

- **Name:** Kayla Miller
- **Brokerage:** Bogle Realty LLC
- **Phone:** 6417991408
- **Email:** kaylamiller@boglerealty.com

## Primary Photo

![501 N Sheridan Avenue - Primary Photo](http://lh.rdcpix.com/c8944ff512a999bc56a02226a589b63fl-f3885558614r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/501-n-sheridan-avenue-ottumwa-ia-52501-6331146)*

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**MLS#:** 6331146 | **Updated:** 2026-04-25
**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/501-n-sheridan-avenue-ottumwa-ia-52501-6331146)

---

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