2504 Roemer AveOttumwa, IA 52501

Property Details for 2504 Roemer Ave

Year built

1988

Construction

FRAME

Lot size

1.14 AC

Property size (Sq ft)

4,300 SF

Property type

Warehouses

Property subtype

Self storage facilities

APN

7411600074000

APU

7411600074000

Description

This exceptional Ottumwa commercial property boasts a prime 3.05-acre location and offers a diverse range of income-generating spaces. The property includes 6,000 square feet of climate-controlled, rented storage units, providing a consistent revenue stream. In addition to the storage units, there's a substantial 7,200 square feet of wholesale/commercial space, complete with convenient semi and trailer docks, ideal for various business operations. Further enhancing the property's versatility is an expansive 4,300 square feet of outdoor access storage units, catering to a broader range of storage needs. The property's substantial size and diverse offerings present a unique opportunity for investors and business owners seeking a multi-faceted commercial investment in a thriving location. The existing rental income from the storage units provides a solid foundation for immediate return on investment, while the ample space allows for expansion or diversification of business operations. The strategic location in Ottumwa, Iowa, offers excellent accessibility and visibility, making it an attractive proposition for a wide range of commercial ventures. This property represents a rare opportunity to acquire a well-established and versatile commercial space with significant potential for growth and profitability.

• Alternative Use

  Use

  Valuation

  Residential

  $1,008,378

  Hospitality

  $923,669

  Educational

  $768,482

  Medical

  $794,911

  Retail

  $1,195,416

Location Insight

City

Ottumwa

County

Wapello

State

Iowa

Latitude

41.0092

Longitude

-92.3808

CBSA code

36900

CBSA name

OTTUMWA, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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