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22 5Th St Keokuk, IA 52632

Sponsored
For Sale
$125,000

Prime location, multiple income streams.

Property size:
5,967 SF

Description

Added:
Feb 3, 2025
Days on Market:
337
This versatile Keokuk, IA property at 22 N 5th Street offers a unique blend of commercial and residential spaces, totaling 5,967 square feet. The main level features two vacant commercial units, ready for immediate occupancy and rental income generation. Upstairs, three apartments provide additional revenue streams: one efficiency unit rents for $350 per month, a second efficiency for $400 per month, and a one-bedroom unit for $425 per month. Each unit has its own electric meter and thermostat, ensuring individual tenant responsibility for utility costs. Heating is provided by baseboard units upstairs, and gas forced air heat on the main level and basement. The main level also benefits from central air conditioning, while window units serve the upper apartments. The building boasts significant recent upgrades, including a new roof installed in 2016 and a furnace and central air conditioning system updated seven years ago. Energy-efficient replacement vinyl windows are installed throughout. This property presents a compelling investment opportunity for those seeking a combination of commercial and residential income, offering both immediate returns and long-term potential. The asking price is $125,000.

Property Features for 22 5Th St

General Information

Property type
Other commercial real estate
Square Feet
5,967 SF

Building Details

Year Built
1900

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

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
-91.3827
Latitude
40.39637

FAQs

What type of property is this?
Commercial real estate - Prime location, multiple income streams.
Where is this commercial real estate located?
The property is located at 22 5Th St Keokuk, IA.
What is the asking price?
The asking price for this property is $125,000.
More about this property
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