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    429 Main St Keokuk, IA 52632

    Sponsored
    For Sale
    $125,000

    Prime Keokuk location, 3840 sq ft.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 429 Main Street in Keokuk, Iowa presents a unique investment opportunity. Boasting 3,840 square feet of versatile space, this building seamlessly blends historic charm with modern functionality. Its prime Main Street location ensures high visibility and excellent foot traffic, ideal for a variety of commercial ventures. A key feature is the inclusion of five original bank vaults, offering secure storage solutions or a distinctive aesthetic element for any business. These vaults add a unique character rarely found in commercial properties. The property also includes a full basement, providing ample space for additional storage or potential expansion projects. Convenient paved parking is available on-site, ensuring ample space for customers and employees. The building's elegant architecture and rich history create a captivating atmosphere, perfect for businesses seeking a memorable and impactful presence in the heart of Keokuk. This is a rare chance to acquire a piece of Keokuk's history and establish a thriving business in a highly visible and desirable location. The property is offered at $125,000.

    Property Features for 429 Main St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1920
    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
    -91.38293
    Latitude
    40.39577

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Keokuk location, 3840 sq ft.
    Where is this commercial real estate located?
    The property is located at 429 Main St Keokuk, IA.
    What is the asking price?
    The asking price for this property is $125,000.
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    429 Main St 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
    429 Main St Keokuk, IA 52632
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