Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1028 Exchange St Keokuk, IA 52632

    Sponsored
    For Sale
    $126,000

    Stately brick church, event space potential.

    Property size:
    9,328 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This stunning 9,328 square foot property located at 1028 Exchange Street in Keokuk, Iowa, presents a unique investment opportunity. The main building, the oldest church in Keokuk, is a beautifully preserved brick structure boasting magnificent stained-glass windows, intricate woodwork, and numerous charming architectural details. Recent improvements include new entry doors, fresh paint, and new carpeting, reflecting a commitment to maintaining the building's historical integrity. The church features classrooms, bathrooms, offices, a balcony, and a large sanctuary, offering ample space for a variety of uses. A large kitchen and open gathering areas are also present, along with convenient rear parking. The property also includes a charming parsonage, adding significant value. The parsonage features a stately entryway with a staircase, living room, dining room, a well-appointed kitchen, a half bath, a mud/laundry room, and a large office complete with a fireplace. Upstairs, four bedrooms and a full bath are accessible via both front and back staircases. The parsonage showcases beautiful pocket doors, woodwork, hardwood floors, and generously sized rooms. This exceptional property is priced at $126,000 and offers immense potential for repurposing as an event center, a community resource, or even continued use as a place of worship. The belfry adds a unique architectural element to this already captivating property.

    Property Features for 1028 Exchange St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,328 SF

    Building Details

    Year Built
    1895
    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
    -91.39042
    Latitude
    40.3989

    Nearby Similar for Sale

    • $800,000
      0.39 Acres

      Iconic Downtown Investment Opportunity

      Multi-use commercial building with strong income and timeless character.
      629 Blondeau St, Keokuk, IA 52632
      View Details
    • $315,000
      0.80 Acres

      Refurbished Gymnasium in Solid Brick Structure

      Adaptable commercial building with refurbished gymnasium and large classrooms.
      914 Timea St, Keokuk, IA 52632
      View Details
    • $375,000
      2,450 SF

      Spacious Condo with Modern Amenities

      Well-maintained condo featuring open concept, modern kitchen, and geothermal unit.
      3252 Brookshire Dr, Keokuk, IA 52632
      View Details
    • $59,000
      1,764 SF

      Occupied Duplex with Garage

      Corner lot duplex in Keokuk, Iowa, 100% occupied.
      1329 Des Moines St, Keokuk, IA 52632
      View Details
    • Contact for pricing
      Pending

      Keokuk Duplex with Income Potential

      Up/down duplex with two 2-bedroom units, income potential.
      1606 Des Moines St, Keokuk, IA 52632
      View Details
    • $49,000
      2,664 SF

      Keokuk Duplex Fixer Upper

      Duplex in Keokuk, Iowa, ideal for renovation.
      517-519 A St, Keokuk, IA 52632
      View Details
    • $125,000

      Historic Main Street Commercial

      Prime Keokuk location, 3840 sq ft.
      429 Main St, Keokuk, IA 52632
      View Details
    • $125,000
      5,967 SF

      Keokuk Mixed-Use Commercial Building

      Prime location, multiple income streams.
      22 5Th St, Keokuk, IA 52632
      View Details
    • $120,000
      3,589 SF

      Prime Keokuk Commercial Space

      High-visibility Main Street location, ready for your business.
      205 Main St, Keokuk, IA 52632
      View Details
    • $3,200,000
      52,080 SF

      Keokuk Hotel: Value-Add Opportunity

      80-Room Hotel, High-Visibility Location
      325 Main St, Keokuk, IA 52632
      View Details
    • Contact for pricing

      Keokuk Mixed-Use Building - $7,000

      Renovation Opportunity: Bar Included, As-Is.
      1318 Main St, Keokuk, IA 52632
      View Details
    • $179,000
      0.14 Acres

      Keokuk Multi-Family Income Property

      Four-unit building, great rental income.
      624 Palean St, Keokuk, IA 52632
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Stately brick church, event space potential.
    Where is this commercial real estate located?
    The property is located at 1028 Exchange St Keokuk, IA.
    What is the asking price?
    The asking price for this property is $126,000.
    Request Owner's contact information
    1028 Exchange St Keokuk, IA 52632
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1028 Exchange St
    Keokuk, IA 52632
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1028 Exchange St Keokuk, IA 52632
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.