25 17th St Keokuk, IA 52632-3414
- Flex space
- 3,944 SF
- 0.32 lot acres
Current Use by Public Records
- Flex space
Property Details for 25 17th St
- Year built
- 1982
- Lot size
- 0.32 lot acres
- Property size
- 3,944 SF
- Property type
- Flex space
- APN
- 04-45-21-25-127-0130
- APU
- 44521251270130
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $245,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $185,000
- Mixed-Use
- $235,000
- Hospitality
- $190,000
- Educational
- $185,000
- Residential Income
- $180,000
- Energy
- $180,000
- Income-Based Land
- $245,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Keokuk
- County
- Lee
- State
- Iowa
- Longitude
- -91.3922
- Latitude
- 40.4055
- CBSA code
- 22800
- CBSA name
- FORT MADISON-KEOKUK, IA-IL-MO MICROPOLITAN STATISTICAL AREA