205 Main St, Keokuk, IA, 52632

Highlights

• - Spacious 3,589 SF building offering ample room for retail or restaurant layout
• - High Traffic Counts with 10,700 Vehicles per Day
• - Single unit property ideal for tailored retail or dining concepts
• - Established in 1969, exuding a sense of enduring character and history
• - Zoned C- Commercial, providing flexibility for diverse business ventures
• - Prime location in the SE Iowa area, known for its commercial activity
• - On Highway 218

Description

Introducing an exceptional investment opportunity at 205 Main St, Keokuk, IA, 52632. This impressive 3,589 square foot building, featuring a single unit, was thoughtfully constructed in 1969 and is nestled within a C- Commercial zone, offering remarkable potential for retail and restaurant ventures. The property's strategic location in the SE Iowa area positions it as a prime space for entrepreneurs and investors seeking to establish or expand their presence in the retail or restaurant industry.

Boasting a generous footprint and a favorable zoning classification, this property presents an attractive canvas for a wide range of retail and restaurant concepts. The building's layout and size provide ample space for customized retail displays, dining areas, and customer service setups, making it an ideal platform for businesses to showcase their products and services. The potential for creating a welcoming, customer-centric environment within this space is limitless, offering significant value to prospective occupants.

With its rich history and established presence, the property at 205 Main St represents an exciting opportunity to breathe new life into a well-positioned building. Its location in the SE Iowa area, known for its vibrant community and commercial activity, sets the stage for success and growth. This property's proximity to local amenities and established businesses further enhances its appeal, making it an attractive choice for investors seeking to capitalize on the area's economic vitality.

Don't miss the chance to secure this versatile property, perfectly suited for retail and restaurant endeavors. Schedule a viewing today to explore the endless possibilities that await within this carefully crafted space. Whether you're an established brand looking to expand or a new player in the industry, this property offers the ideal setting for turning your vision into a thriving reality.

Situated just steps away from the majestic Mississippi River, the River City Mall in Keokuk, Iowa,
offers a prime retail investment opportunity. Lee County is served by Road, Rail, and River,
providing a strategic advantage for businesses. The county benefits from two four-lane
highways: US 218 (the Avenue of the Saints) and US Highway 61, offering efficient access to the
region. Additionally, Lee County is serviced by the main rail line of Burlington Northern Santa Fe
(BNSF) Railway, the largest freight rail transportation network in North America, connecting
businesses to the global supply chain.
The Mississippi River further enhances transportation options, providing access to three intermodal
port terminals and serving as a vital transportation route for industries from Saint Paul,
Minnesota to the Gulf of Mexico. Businesses in Lee County have a unique advantage due to the
efficient road, rail, and river transportation options, enabling them to connect with regional and
international markets seamlessly.
Lee County offers a range of incentives to support business growth and development. The
county is home to three Opportunity Zones available for investment, providing tax incentives for
qualified investments. Additionally, the State of Iowa offers favorable tax conditions, including
tax exemptions for machinery and equipment, as well as tax credits for qualifying businesses
through programs like the High-Quality Jobs Program.
For eligible businesses, Lee County offers tax abatement programs for new construction,
potentially providing up to a 100% exemption from local property taxes for a period not to
exceed twenty years. The Revolving Loan Fund (RLF) and Lee County Port Authority further
support eligible businesses with low-interest loans, tax-exempt bonds, and the establishment of
Foreign Trade Zones, fostering economic growth and collaboration.
The River City Mall is strategically located as the first stop upon entering Iowa from Illinois and
boasts the only bridge across the Mississippi for 25 miles in either direction, ensuring high
visibility and traffic. With an average of 10,700 vehicles passing through daily, the area is a
bustling crossroads for locals and visitors alike. The mall itself is the largest in the area, serving
as a focal point for shopping, dining, and entertainment, making it an attractive destination for
retail investors.
The surrounding community thrives with a rich cultural heritage, offering attractions such as the
historic Grand Theater, the George M. Verity River Museum, and the Keokuk National Cemetery.
The dining experiences along Main Street further contribute to the area's vibrant and diverse
offerings. The location's unique blend of transportation access, business incentives, and cultural
richness presents a compelling opportunity for retail investors seeking to become part of this
unique and bustling market.
Lee County, with its 33,215 residents, provides access to over 266,475 in the potential regional
labor force, offering a skilled and diverse workforce. Located in the heart of America in the
southeastern portion of Iowa, Lee County embodies Midwestern charm and is home to a
multitude of Fortune 500 and international companies, positioning it as a prime location for
retail and street retail investment.

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