1129 Main StKeokuk, IA 52632

Property Details for 1129 Main St

Year built

2004

Lot size

0.96 AC

Property size (Sq ft)

5,912 SF

Property type

Retail space

APN

04-45-21-25-189-0010

APU

44521251890010

Description

This exceptional retail property, located at 1129 Main Street in Keokuk, Iowa, offers 6,009 square feet of vacant space in a multi-tenant building situated on a one-acre lot (43,442 square feet). The property is categorized as a storefront and strip center, providing a versatile layout suitable for a variety of commercial uses. Individual spaces are available, ranging from a minimum of 1,430 square feet to a maximum contiguous space of 4,579 square feet. The building is meticulously maintained and ready for immediate occupancy. Its prime location in Lee County, Iowa, ensures high visibility and convenient access for customers. The property's ample parking further enhances its appeal to businesses seeking a thriving location. This is an excellent opportunity for businesses seeking a well-maintained space with high visibility and convenient access in a desirable location. The property is ready for immediate occupancy and customization to meet specific business needs. Its strategic location promises connectivity and growth potential for any business. The address is 1129 Main Street, Keokuk, IA 52632.

• CAP approach

  CAP return

  Valuation

  6%

  $2,325,106

  6.5%

  $2,146,252

  7%

  $1,992,948

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,161,467

  Geo Method

  $1,161,467

• Alternative Use

  Use

  Valuation

  Residential

  $1,810,444

  Hospitality

  $1,658,357

  Educational

  $1,379,734

  Medical

  $1,427,185

  Retail

  $2,146,252

Location Insight

City

Keokuk

County

Lee

State

Iowa

Latitude

40.4011

Longitude

-91.3883

CBSA code

22800

CBSA name

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

Property Tax & Assessments

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