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Brick Flex Building with Overhead Door
For Sale
$50,000

111 N 5th Street, Keokuk, IA 52632

Two-level commercial property combines office areas, factory floor space, storage, and an upper-level apartment.

Property Size9,400 SF
Price / SF$5.32
Days on Market167

Property Features for 111 N 5th Street

General Information

Standard status Active
Size 9,400 SF
Property subtype Commercial

Property Condition

Severity Minor
Evidence Two HVAC and a boiler unit are present but are currently not operational

Additional Details

Drive-In Doors 1

Taxes and HOA fees

Annual Taxes $1,877

Building Details

Building Size 9,400 SF
Year Built 1912
Buildings 1
Stories 2
Construction brick
Listing Agency: RE/MAX Real Estate Specialists
Listed By: Riley Moran
Source: Sweeneyrealestate
Added: Mar 6 Changed: Aug 19 Last Checked: Aug 19 at 3:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Real Estate Specialists

Investment Insights

Based on property information with market context.

Constructed in 1912, this brick flex property contains approximately 9,400 square feet, arranged at about 4,700 sq ft per floor. The main level combines office areas with factory floor space, while the upper floor adds a one-bedroom apartment, more office area, and substantial storage. A partial basement provides additional interior space.

An overhead door connects to the alley, supporting access for the building’s commercial configuration. Two HVAC units and a boiler are present but are not currently operational. Items currently located within the building may remain or be removed at the buyer’s request.

Key Highlights

  • Approximately 9,400 square feet arranged at about 4,700 sq ft per floor
  • Brick commercial building constructed in 1912
  • Main floor includes offices and factory floor space

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Real Estate Agency Grocery & Convenience Store HVAC Service Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby
Under-served
Demand for This Use

Demographics for 52632, IA

12,006
Population
5,793
Households
2.1
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
51.8 sq mi
ZIP Area
232
Density / Sq Mi
$52,547
Median Household Income
$32,407
Median Earnings
$803
Median Rent
$108,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Two-level commercial property combines office areas, factory floor space, storage, and an upper-level apartment.
Where is this flex space located?
The property is located at 111 N 5th Street Keokuk, IA.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Approximately 9,400 square feet arranged at about 4,700 sq ft per floor; Brick commercial building constructed in 1912; Main floor includes offices and factory floor space
More about this property
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