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    1318 Main St Keokuk, IA 52632

    Sponsored
    For Sale
    Contact for pricing

    Renovation Opportunity: Bar Included, As-Is.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This mixed-use property at 1318 Main Street in Keokuk, Iowa, is offered at $7,000. The building is being sold "as-is." The previous owner removed the rear portion of the structure, leaving the back wall requiring completion. Once this wall is finished, the space is ready for tenant improvements. The property's previous use was as a bar/lounge, and the bar fixtures are included in the sale. The building's square footage is not specified. The lot size is zero acres, indicating the building likely sits on a smaller lot or is part of a larger development. This presents a unique opportunity for an investor or business owner seeking a renovation project with potential for a variety of uses. The existing bar infrastructure offers a head start for a similar establishment, or the space could be adapted for other commercial or residential purposes, subject to local zoning regulations. Given the "as-is" condition, a thorough inspection is strongly recommended before purchase. The property's location on Main Street in Keokuk offers potential visibility and accessibility. Serious inquiries are encouraged to explore this affordable redevelopment opportunity.

    Property Features for 1318 Main St

    General Information

    Property type
    Mixed-use properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Keokuk
    County
    Lee
    State
    Iowa
    Longitude
    -91.39063
    Latitude
    40.40241

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    FAQs

    What type of property is this?
    Mixed-use property - Renovation Opportunity: Bar Included, As-Is.
    Where is this mixed-use property located?
    The property is located at 1318 Main St Keokuk, IA.
    What is the asking price?
    The asking price for this property is $7,000.
    Request Owner's contact information
    1318 Main St Keokuk, IA 52632
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    Keokuk, IA 52632
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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
    1318 Main St Keokuk, IA 52632
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