829 Main St
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829 Main St
2,423 SF Retail Building Keokuk, IA 52632 $405,000 ($167/SF) 9.14% Cap Rate
Investment Highlights
- Ample Parking: 25 parking spaces provide convenience for tenants and customers.
- High Visibility Location: Situated at the corner of Main and 9th Streets with excellent signage and high traffic.
Executive Summary
Strong National Tenant: Long-term tenant H&R Block, occupying the property since 2005, ensures stability. Renovated Building: Completely updated in 2005, offering low-maintenance ownership.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,423 SF
Building Class
C
Year Built
1969
Price
$405,000
Price Per SF
$167
Cap Rate
9.14%
NOI
$37,017
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Walk Score ®
Very Walkable (74)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 04-45-21-25-406-0010 | Improvements Assessment | $123,360 |
Land Assessment | $42,730 | Total Assessment | $166,090 |
PROPERTY TAXES
Parcel Number
04-45-21-25-406-0010
Land Assessment
$42,730
Improvements Assessment
$123,360
Total Assessment
$166,090
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829 Main St
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