25 17th St Keokuk, IA 52632-3414
This exceptional 7-bay commercial property, located at 25 N 17th Street in Keokuk, Iowa, presents a unique opportunity for both established businesses and astute investors. Currently configured as an automotive service center, the property boasts four auto lifts, including one alignment lift, providing ample space for vehicle maintenance and repair. The building includes a convenient bathroom with a shower, adding to its functionality. Two potential office spaces offer flexibility for administrative tasks or additional revenue streams. All existing appliances are included in the sale, ensuring a seamless transition for the new owner. The property's excellent location within Keokuk offers high visibility and accessibility, making it an ideal spot for a variety of commercial ventures. The building's existing setup as a functioning auto shop provides a solid foundation for continued operation in that sector, or it could be easily adapted to suit other commercial needs. The asking price is $325,000. This represents a compelling investment opportunity in a thriving community. The property sits on a lot with zero acres. The square footage is not specified. Serious inquiries are encouraged to explore the potential of this versatile commercial space.
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.