501 N Sheridan Avenue, Ottumwa, IA 52501 - Wapello County

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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