303 Broadway Ave Keota, IA 52248
This exceptional turnkey business opportunity presents a fully stocked hardware store located at 303 E Broadway, Keota, IA. The property boasts a substantial 8,612 square feet of space, encompassing a 3,776 square foot showroom brimming with appliances and hardware inventory, ready for immediate operation. A significant 2,000 square foot basement also offers ample storage for additional inventory. Adding to the property's versatility is a 40x20 foot metal warehouse equipped with an overhead door, ideal for larger items or equipment storage. The existing business is a thriving and integral part of the Keota community, providing a strong foundation for continued success. An added benefit is the upstairs area, currently used for storage, but possessing the potential for conversion into a residential apartment, generating supplementary income streams. The asking price for this established business, including the building and all inventory, is $200,000. This presents a rare opportunity to acquire a profitable, well-established business with significant growth potential in a desirable location. The property is situated on a lot with no acreage. This is a truly unique opportunity for an entrepreneur seeking a ready-made business with immediate revenue generation.
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Malley Hardware & Appliance Building Supply Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.