Keokuk Retail Investment
3533 Main St Keokuk, IA 52632
3533 Main St, Keokuk, IA, 52632
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For Sale
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22,200 SF retail property with high visibility and expansion potential.
Property Size22,200 SF
Lot Size14.00 Acres
Price / SF$35.99
Days on Market608
Property Features for 3533 Main St
General Information
- Standard status
- Active
- Size
- 22,200 SF
- Lot size
- 14.00 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1997
Listing agency
CHASE. Collective
Listed by
Chase Keller, CCIM · License #B63136000
Source
Crexi
Added: Nov 20, 2024 Updated: Jul 6 at 8:37AM Checked: Jul 21 at 8:34AM
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 CHASE. Collective
Investment Insights
Based on property information with market context.
Located at 3533 Main St, Keokuk, IA, this 22,200 SF property presents a compelling investment opportunity. The property features a recently resurfaced parking lot and a newer building in excellent condition, reflecting a commitment to quality and maintenance. Benefiting from high visibility on the main corridor through town and the highway leading to Illinois and Missouri, the location attracts significant traffic, with 12,100 vehicles per day on Main Street. The property has a strong occupancy history, with only one current vacancy and four tenants, including two credit tenants. There is potential to increase rents over time, offering an opportunity to boost revenue and enhance financial performance. With almost 14 acres of land available, there is ample space to build additional buildings for retail or industrial/storage purposes, potentially diversifying revenue streams and expanding income-generating capacity. The abundance of parking enhances the property's appeal, providing convenience for tenants and customers. This property offers a combination of stability, growth potential, and versatility, making it suitable for those seeking a secure and lucrative opportunity in the retail and strip center market. Its location, tenant base, and acreage make it a choice for investors looking to capitalize on the commercial landscape of SE Iowa and unlock the property's potential for long-term success and value creation. This investment opportunity provides a foundation for investors to establish or expand their presence in the region and benefit from the property's strong performance and capacity for sustained growth and profitability.
Key Highlights
- High traffic location on Main Street with 12,100 vehicles per day and excellent visibility.
- Strong occupancy history with only one vacancy and 4 established tenants, including 2 credit tenants.
- Significant potential to increase rents and boost revenue.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
FAQs
What type of property is this?
Shopping center - 22,200 SF retail property with high visibility and expansion potential.
Where is this shopping center located?
The property is located at 3533 Main St Keokuk, IA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: High traffic location on Main Street with 12,100 vehicles per day and excellent visibility.; Strong occupancy history with only one vacancy and 4 established tenants, including 2 credit tenants.; Significant potential to increase rents and boost revenue.
