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    1906 Keokuk Ave Spirit Lake, IA 51360

    New
    Under Contract
    For Sale
    $899,000

    Commercial - Spirit Lake, IA

    Property size:
    20,807 SF
    Days on Market:
    3
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 1906 Keokuk Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    07-04-326-009
    Parking features
    Driveway
    Size
    20,807 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Building materials
    Brick
    Architectural style
    Other

    Jensen Real Estate (712) 320-7245 [email protected]

    Listing agent Michael Jensen (712) 332-8081 License #B58673

    Listing date Dec 5, 2025

    MLS# 251518 Listing URL

    Copyright © 2025 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Grocery Store in Spirit Lake

    This is a brick building with 20,807 square feet of space, formerly used as a grocery store. It is located in Spirit Lake, Iowa, on approximately 1.35 acres. The property features a fully paved parking lot with access from both Keokuk and Lincoln Avenue, and offers highway visibility. The building includes a loading bay, high ceilings, ample lighting, and large windows. The building has been well maintained. The property is located three blocks from downtown. There is also the option to purchase two adjoining parcels from the seller, creating the chance to own an entire city block with frontage on both Highway 71 and Highway 9.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hy-Vee Grocery Store

    Location Insight

    • Map
    • Local Demand
    City
    Spirit Lake
    County
    Dickinson
    State
    Iowa
    Longitude
    -95.106915
    Latitude
    43.4212026

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    FAQs

    What type of property is this?
    Grocery and convenience store - 20,807 SF brick building on 1.35 acres for sale.
    Where is this grocery and convenience store located?
    The property is located at 1906 Keokuk Ave Spirit Lake, IA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - High-quality brick building with **20,807 sq ft of space.**; - Prime location in the heart of Spirit Lake, Iowa on 1.35 acres.; - Excellent highway visibility and access from two streets (Keokuk and Lincoln Avenue).
    (712) 332-8081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1906 Keokuk Ave Spirit Lake, IA 51360
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