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22738753
22738776

1414 Main St, Keokuk, IA 52632

CK
IA B63136000, FL 475.218179
CHASE. Collective
Listed by CHASE. Collective
$750,000
431 days on market
Updated 53 days ago

Keokuk Medical Center

Details
APN 044521251770150
Property Type Office, Special Purpose
Sub Type Medical Office
Square Footage 8,594
Net Rentable (SqFt) 8,594
Units 1
Tenancy Vacant
Pro-Forma Cap Rate 14.9%
Pro-Forma NOI $111,722
Price per SqFt $87
Broker Co-Op Yes
Class A
Year Built 1997
Year Renovated 2015
Buildings 1
Stories 1
Acreage 0.640
Zoning Commercial
Ceiling Height 14
Loading Docks 1
Dock High Doors 1

Turnkey Medical Office with Flexible Layout in High-Traffic Corridor

Marketing description

Medical Office Flexibility in a High-Visibility Corridor

Positioned in the heart of Keokuk’s busiest commercial district, 1414 Main Street offers a rare opportunity to own a fully renovated, turnkey medical office building with unbeatable flexibility. Originally built in 1996 and completely gutted and redesigned in 2015, this 6,800± SF facility is a modern, efficient, and highly adaptable space ready for immediate use — or full customization.

Upon arrival, one of the first things you'll notice is the prominent monument sign, widely considered the largest and most attractive signage in all of Keokuk. This signage, paired with Main Street frontage and 12,100+ daily vehicles, ensures maximum exposure to both foot and vehicle traffic. A drive-through lane—currently unused—adds even more operational potential for pharmacy pickup, lab drop-offs, or other service models.

The current layout is thoughtfully designed for medical operations and includes:

A large, welcoming reception and lobby area

9 exam rooms

3 private physician offices

1 general office space behind reception

X-ray room, lab, and large procedure room

Central nurses station and staff lounge

4 restrooms, janitorial closet, and delivery dock

With 14’ ceilings and post-and-beam construction, there are no interior load-bearing walls—offering unlimited flexibility for redesign or mixed-use adaptation. Whether you're a healthcare system, multi-practitioner group, or service provider looking to reimagine the space, the structural design allows for complete interior transformation without major construction barriers.

A 1,400 SF unfinished portion on the east side of the building presents further opportunity. This space has its own entrance and can be seamlessly integrated into the existing layout or repurposed for a complementary business like a pharmacy, chiropractor, or physical therapist—creating a true wellness hub.

Zoned for commercial/medical use and situated near other healthcare facilities, this building is ideal for:

Regional hospital systems expanding outpatient care

Specialists seeking a plug-and-play location

Multi-tenant medical offices

Urgent care or diagnostics centers

The property’s former use as a clinic for a regional hospital system speaks to its design quality and functional readiness. All infrastructure is in place, from HVAC and electrical systems to IT wiring and patient flow optimization.

This is not just another medical building—it’s a fully customizable platform in a proven, high-demand corridor. Investors and owner-users alike will find long-term value in its flexible design, strong location fundamentals, and high visibility.

Welcome to Keokuk, Iowa — a city where historic charm meets strategic commercial opportunity. Located in the southeast corner of Iowa and bordered by both Illinois and Missouri, Keokuk is uniquely positioned at the crossroads of three states. This tri-state access, combined with frontage along Main Street (which serves as both Highway 218 and Highway 61), makes this area a powerful draw for businesses looking to capture a wide and diverse market.

1414 Main Street sits along the city’s busiest corridor, boasting approximately 12,100 vehicles per day — a level of visibility that’s nearly unmatched in the region. Just blocks from national retailers like Walgreens, the property benefits from excellent co-tenancy and consistent customer traffic. Whether you're attracting walk-ins or destination clients, this location delivers brand exposure on a high-traffic, high-impact level.

Keokuk itself is undergoing a quiet resurgence. Known as the “Gateway City to the West,” it offers an appealing blend of affordability, accessibility, and quality of life. The city is the largest in Lee County and continues to serve as a medical, educational, and commercial hub for the surrounding communities. With proximity to Southeast Iowa Regional Medical Center, local schools, and regional employers, Keokuk draws a stable workforce and a strong base of residents who value convenient, local services.

From an investor’s perspective, this location checks every box: strong visibility, direct highway access, and the kind of community infrastructure that supports long-term tenancy and diversified business models. Out-of-state buyers will find Keokuk especially attractive for its low barriers to entry, high demand for local healthcare services, and a business-friendly environment supported by city leaders and regional economic development groups.

In short, this is not just a building on Main Street — it’s a launchpad into a growing, underserved market in the heart of the Midwest.

Investment highlights

8,594 SF turnkey medical office building

Located on Main Street/Highways 218 & 61 in Keokuk, IA

Over 12,100 vehicles per day — excellent visibility

Largest and most attractive monument sign in Keokuk

Built in 1996; completely renovated in 2015

9 exam rooms, 3 physician offices, 1 general office

X-ray room, lab, large procedure room, nurses station

14’ ceilings with post-and-beam construction — no interior load-bearing walls

~1,400 SF unfinished space with separate entrance for future use or 2nd tenant

Drive-through lane available for reactivation

Zoned for Commercial

Delivery dock and four restrooms

Flexible layout — ideal for multi-tenant or specialty practices

High-growth corridor with regional healthcare demand

Tri-state location near Illinois and Missouri — ideal for out-of-state investors

Listing Contacts

CK
IA B63136000, FL 475.218179
CHASE. Collective
Listed by CHASE. Collective

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Additional Information

Name
Chase Keller, CCIM
License
B63136000
Brokerage
Better Commercial
Brokerage Phone
319-231-1160
Title
Commercial Broker
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