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Property profile & analytics
FOR SALE
Bars & Pubs

1318 Main St Keokuk, IA 52632

980 SF 0.06 ac lot Built 1900
Entity Owned 3-yr Hold Free & Clear
Property ID
US25-0581278
1318 Main St, Keokuk, IA 52632 For Sale
Contact for pricing 980 SF
1318 Main St, Keokuk, IA 52632
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Property summary
AI-generated overview

This mixed-use property at 1318 Main Street in Keokuk, Iowa, is offered at $7,000. The building is being sold "as-is." The previous owner removed the rear portion of the structure, leaving the back wall requiring completion. Once this wall is finished, the space is ready for tenant improvements. The property's previous use was as a bar/lounge, and the bar fixtures are included in the sale. The building's square footage is not specified. The lot size is zero acres, indicating the building likely sits on a smaller lot or is part of a larger development. This presents a unique opportunity for an investor or business owner seeking a renovation project with potential for a variety of uses. The existing bar infrastructure offers a head start for a similar establishment, or the space could be adapted for other commercial or residential purposes, subject to local zoning regulations. Given the "as-is" condition, a thorough inspection is strongly recommended before purchase. The property's location on Main Street in Keokuk offers potential visibility and accessibility. Serious inquiries are encouraged to explore this affordable redevelopment opportunity.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1900
Total area 980 SF
Lot 0.06 ac (2,753 SF)
APN 04-45-21-25-179-0050
UPID US25-0581278
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hazel Properties LLC · 3 yrs held
Hazel Properties LLC
since 2022
3 recorded transactions
2022
Price N/A
2022
Price N/A
2019
$1,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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