229 E 2Nd Street, Ottumwa, IA 52501 - Wapello County

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!

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