712 Main StKeokuk, IA 52632

  • Retail space
  • 7,334 SF
For Sale
$210,000 View listing

Property Details for 712 Main St

Year built
1893
Lot size
0.18 AC
Property size (Sq ft)
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
Latitude
40.3975
Longitude
-91.3857
CBSA code
22800
CBSA name
FORT MADISON-KEOKUK, IA-IL-MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,234
$22,000
$28,490
$50,490
-
$22,000
$28,490
$50,490

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