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Property profile & analytics
OFF-MARKET
Office buildings

429 Main St Keokuk, IA 52632-5447

4,672 SF 0.21 ac lot Built 1920
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US25-0612923
Property summary
AI-generated overview

This exceptional commercial property at 429 Main Street in Keokuk, Iowa presents a unique investment opportunity. Boasting 3,840 square feet of versatile space, this building seamlessly blends historic charm with modern functionality. Its prime Main Street location ensures high visibility and excellent foot traffic, ideal for a variety of commercial ventures. A key feature is the inclusion of five original bank vaults, offering secure storage solutions or a distinctive aesthetic element for any business. These vaults add a unique character rarely found in commercial properties. The property also includes a full basement, providing ample space for additional storage or potential expansion projects. Convenient paved parking is available on-site, ensuring ample space for customers and employees. The building's elegant architecture and rich history create a captivating atmosphere, perfect for businesses seeking a memorable and impactful presence in the heart of Keokuk. This is a rare chance to acquire a piece of Keokuk's history and establish a thriving business in a highly visible and desirable location. The property is offered at $125,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Total area 4,672 SF
Lot 0.21 ac (9,100 SF)
APN 04-45-21-25-477-0010
UPID US25-0612923
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
Real Freedom LLC · 1 yrs held
Real Freedom LLC
since 2025
2 recorded transactions
2025
Price N/A
2017
$76,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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