1318 Main St Keokuk, IA 52632
For Sale
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.
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.