712 Main St, Unit 716 Keokuk, IA 52632-4840

Property Details for 712 Main St

Year built

1893

Lot size

0.18 lot acres

Property size

7,334 SF

Property type

Retail space

APN

04-45-21-25-410-0050

APU

44521254100050

Description

This exceptional investment opportunity presents a historically preserved Mesker building situated on a prime Main Street location in Keokuk, Iowa. The property comprises three street-level commercial spaces, each with its own Main Street entrance (712, 714, and 716). Above the street-level storefronts are three additional units, adaptable for either residential or commercial use, offering significant versatility. The building boasts extensive recent updates, enhancing its functionality and appeal. These improvements include a complete sewer line replacement and new plumbing installations (2021-2022), the addition of six new MisterCool mini-split air conditioning units, and the reapplication of a flat roof coating. Furthermore, the electrical system has undergone significant upgrades, featuring two new 100-amp electrical boxes on both the main and upper levels, along with new wiring and outlets throughout. Peters Heating and Air recently serviced and updated the forced-air furnaces and installed three new air conditioning units. The sale includes all existing commercial pizza restaurant equipment and booths. Ample parking is available both on Main Street and in a large gravel parking area at the rear of the property. Priced at $210,000, this property offers remarkable potential for diverse commercial and/or residential ventures. The historically detailed exterior and high-traffic location contribute to its exceptional value and investment prospects.

Location Insight

City

Keokuk

County

Lee

State

Iowa

Longitude

-91.3857

Latitude

40.3975

CBSA code

22800

CBSA name

FORT MADISON-KEOKUK, IA-IL-MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments