1805 W 2nd Street

Ottumwa, IA
$ 350,000 Beds 0 Baths 0 Sq 2,400
Monthly Estimate* How much can I afford?

Fantastic turn-key business opportunity. The Recovery Room has been a successful award winning restaurant/bar since its opening in 2008. Sale includes the land, building, business, equipment, furniture and more. The Recovery room is equipped with a commercial flat tops, 3 fryers, a char broiler, a walk in cooler, walk in freezer, ice machine all the eating ware and furniture. They have a very large and loyal customer base making this a great income producing business opportunity. 3 years of profit and loss statements and tax returns are available for viewing at Remax Pride. Call an agent to schedule a showing today.

Commercial

  • Price
  • $ 350,000
  • Lot Size
  • 0.3 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 2,400
  • Full Bathrooms
  • 0
  • Year Built
  • 1950
  • Half Bathrooms
  • 0
  • City, Zip
  • Ottumwa
  • Taxes
  • $ 1928
  • County
  • WAPELLO
  • Style
  • Area
  • Wapello
  • MLS#
  • 6089449
  • Zip
  • 52501
Listing Provided by: Remax Pride-Ottumwa
Data Source: Iowa Association of REALTORS®

Features

General

Agent First Name Anthony
Agent Last Name Gevock
Agent Remarks They are closed on Mondays. Showings would be best on that day. Buyers are encouraged to stop in and experience the restaurant during business hours as well.
Available Utilities Electric Common, Heating Common
City Ottumwa
Class COMMERCIAL (5+ UNITS)
Contingency None
Current Use Food Service, Tavern/Lounge
DOM 103
Directions 1805 W second
Fips Code 19179
Fuel Natural Gas
HOA SEIA
Heating Forced Air
Listing Area Wapello
Municipality Ottumwa
Potential Short Sale No
Price Per Sq Ft 166.67
Sale/rent For Sale
Sewer City Sewer/Connected
Status Active
Status Active
Street Name 2nd
Style Other
Tax Year 2020
Taxes 1928
Total Number of Units 1
Water City Water/Connected
Year Built 1950
Yearly/seasonal Yearly
Zoning Business/Commercial

Exterior Features

Photo Count 14
Exterior Wood
Lot Size Area 0.3
Lot Size Dimensions 125x100
Lot Size Sqft 13068
Lot Size Units Acres
Parking Characteristics Driveway - Gravel
Potential Use Lounge/Bar, Rest/Lounge, Restaurant

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Keokuk, IA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/24/2021 Listed $390,000
11/30/2021 11% - $350,000

Property vs Zip Code Average in 52501

Price
AVG $200K
$350K
Taxes
AVG $3,104
$1,928
Year Built
AVG 1937
1950
Walkscore
AVG 48
13
Data Provided by Walkscore ® not using MLS data

Map

1805 W 2nd Street Ottumwa, IA is a Single Family Home for sale at $350000 with 2400 sqft and a lot size of 0.3 Acres Acre(s). 1805 W 2nd Street Ottumwa has 0 bedrooms, 0 baths and was built in 1950. The property's zip code is 52501 which is in Ottumwa, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.