Melissa Streeter
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
OPPORTUNITY!!! 712?714?716 Main Street in Keokuk presents a rare mixed-use investment opportunity offering immediate income and significant upside potential. This unique property consists of three commercial storefront units, anchored by a very successful, fully operational pizza restaurant that is being offered turn-key with all furniture, fixtures, and equipment included. The established restaurant provides an excellent opportunity for an owner-operator or continued passive income for an investor. In addition, two additional leased commercial spaces generate consistent rental income and diversify the revenue stream. The upper level offers substantial value-add potential, featuring tall ceilings and strong architectural character. Currently underutilized, this space could be converted into multiple residential units, creating additional income in a mixed-use configuration. The commercial spaces throughout the building feature tall ceilings along with updated electrical, plumbing, and HVAC systems, providing modern functionality while maintaining historic charm. With strong Main Street visibility, stabilized commercial income, and residential redevelopment potential, this property offers a compelling opportunity for investors and entrepreneurs alike. Call TODAY for a private tour.
Property Highlights
Property Type: Commercial - Investment
Year Built: 1893
General Information
County: Lee
Listed By:
Midwest Realty
319-237-1139
No Coast MLS
MLS ID: 6335728
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712 Main Street, Unit 716, Keokuk, IA 52632.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $99,000 | $99,000 | $99,000 |
| Down Payment | $19,800 | $3,465 | $24,750 |
| Monthly Mortgage Amount | $462 | $560 | $602 |
| Taxes | $138 | $138 | $138 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $44 | $0 |
| Monthly Estimated Total | $700 | $842 | $840 |
About this area
Find homes for sale in Keokuk, IA, and learn about the local community and real estate market.
Keokuk is located in southeast Iowa along the banks of the Mississippi River. Perched on bluffs overlooking the river, Keokuk offers a variety of real estate options. From the historic homes on Grand Avenue to the majestic river-view residences, there is a property for every taste.
Ruhl&Ruhl Realtors has plenty of homes for sale in Keokuk, IA for you to choose from. Keokuk is located southwest of Burlington. View homes for sale in the Burlington, Iowa area for more real estate options. Continue browsing this page to see all houses for sale and real estate options in Keokuk.
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West Burlington, IA 52655
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Melissa Streeter
REALTOR®
Cell: (563) 271-5624
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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