205 Main St Keokuk, IA 52632-5837
This exceptional 3,589 square foot commercial building, located at 205 Main Street in Keokuk, Iowa, presents a unique opportunity for entrepreneurs and investors. Previously used as a restaurant, the interior has been largely renovated, offering a blank slate for customization. The property boasts a highly desirable Main Street location, providing over 125 feet of street frontage, ensuring maximum visibility and exposure to significant pedestrian and vehicular traffic. The 0.41-acre lot includes ample parking, easily accommodating both customers and employees, a crucial asset for any business. The building's versatile layout allows for a wide range of commercial uses, making it an ideal investment for those seeking a prominent location with significant potential. The asking price of $120,000 represents a compelling value for a property of this size and location in Keokuk. The extensive street frontage and ample parking make this a truly exceptional opportunity to establish or relocate your business in a thriving area. The property's adaptability and prime location combine to create a strong foundation for future success. Don't miss this chance to secure a highly visible and functional commercial space in the heart of Keokuk.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.