Available For Sale - Retail

208,492 SF | Show Pricing $

LISTED BY

Chase Keller CCIM
Better Commercial, 319-231-1160

AVAILABILITY DETAILS

Size
208,492 SF
Price/SF
Show Pricing $
Listing ID
SA553072
Notes
Welcome to River City Mall in Keokuk, IA, a compelling investment opportunity with a storied past and a wealth of potential.



Positioned on Highway 218, this property is just steps away from the majestic Mississippi River and serves as the only bridge across the river for over 25 miles. Once a bustling mall and the epicenter of retail in the region, this 208,492 SF building with 41 units is ready for a new chapter. High visibility and traffic counts with average of 10,700 Vehicles per Day.



While in need of significant renovation to restore its former glory, it boasts a closed 3-cinema theater—the only one within a 35-minute radius of Keokuk. With leaks in several places, the roof requires attention, but the 9-acre parcel offers a compelling redevelopment opportunity. The property is home to several good tenants that contribute to cash flow and will play a pivotal role in jump starting the revitalization process.



Additionally, the former restaurant lot across the street, a 0.4-acre parcel, is available for purchase, further expanding the potential for this prime location.



Don't miss the chance to be part of the renaissance of this iconic property and shape its future success.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Chase Keller CCIM, Better Commercial
BRE# B63136000