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24922073
24922121

629 Blondeau St, Keokuk, IA 52632

LJ
IA 67899000, IL 475192272
Weichert - The Agents
Listed by Weichert - The Agents
$800,000
349 days on market
Updated 73 days ago
Opportunity zone

629 Blondeau Street

Details
Property Type Office, Retail (+2)
Sub Type Traditional Office, Executive Office (+6)
Units 10
Cap Rate 7.62%
NOI $60,951
Year Built 1914

Office | 7.62% CAP

Marketing description

Iconic Downtown Investment Opportunity – Meyers Courtyard. Own a piece of local history with this beautifully maintained, income-producing commercial building known as Meyers Courtyard. This impressive three-story property offers exceptional versatility and revenue potential, all within a prominent downtown location. With 7 spaces leased to local businesses, the main level is fully leased with five businesses, along with two additional leased tenant spaces on the second level. The second floor also features a private owner’s office and a spacious 2,800 sq ft, 4-bedroom apartment—perfect for owner occupancy or added rental income. The third floor is a showstopper: an expansive event center complete with a restaurant-style kitchen, dining area, bar, ballroom, and restrooms—ideal for weddings, receptions, or large gatherings. An elevator services all floors, adding convenience and accessibility throughout. This solid commercial property boasts 18-foot ceilings, forced air heat, and central air conditioning. Over the years there have been many updates, including new furnaces and A/C's, new flooring, fresh paint, and much of the plumbing and electrical have been updated, ensuring modern functionality with historic charm. Whether you're an investor, entrepreneur, or event operator, Meyers Courtyard presents a rare opportunity to own a vibrant, multi-use building with strong income and timeless character.
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Listing Contacts

LJ
IA 67899000, IL 475192272
Weichert - The Agents
Listed by Weichert - The Agents

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$60,951.00
$5,079.25/mo

Valuation Metrics

0
DSCR
7.62%
Cap Rate
7.62%
ROI

Map

Zoning

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C-3 CommercialCore CommercialCentral Business District
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View all 71 uses
View all 71 uses
Last updated Mar 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Lisa Johnson
License
67899000
Brokerage
Weichert Realtors-The Massimo Group
Brokerage Phone
319-524-9510
Title
Realtor
Brokerage Address
804 Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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