
Improved Mixed-Use Land for Auction in Keokuk, Iowa
3565 Highway 218, Keokuk, IA 52632
Online Only Auction! Located just outside the Keokuk city limits along Highway 218, this 2.61+/- acre property offers a unique combination of residential living and commercial opportunity. The acreage is improved with a 1 1/2-story home featuring 3 bedrooms, 1,306 square feet of living space, an attached 2-car garage, and updates including vinyl siding, vinyl windows, and a metal roof. In addition to the home, the property includes a large commercial automotive shop offering approximately 7,724 square feet, complete with three automotive bays w/overhead doors, office space, large parts/storage room w/overhead door, paint booth bay, upholstery room, restrooms, and an apartment. An attached RV bay further enhances the functionality of the building. The property also features a detached 2-car garage and a dilapidated mobile home. With excellent Highway 218 visibility, this location offers strong potential for a variety of commercial or business uses, while still providing a residential component. An existing billboard lease provides additional income of $2,500 annually. Listed price is assessed value and has no bearing on the final sale price
Auction details
- Price
- $197,510 minimum
Location
- Street address
- 3565 Highway 218, Unit 3567
- County
- Lee County
- Elevation
- 667 feet
Directions
On the north edge of Keokuk on Hwy 218/61
Property details
- Acreage
- 2.61 acres
- MLS #
- NCMLS 6338753
- Posted
Property taxes
- 2025
- $2,033
Parcels
- 04-15-21-10-300-0170
Legal description
W MID PT W1/2 SW W MID PT W1/2 SW 2.61 A 2.61 A
Open houses
| Date | Begins | Ends | Appt needed | Remarks |
|---|---|---|---|---|
| June 10, 2026 | 4:30 PM | 6:00 PM | No | — |
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking
- Garage-Detached
Structure
- Stories
- 2
- Basement
- Partial
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Forced Air
- Cooling
- Central Air
- Materials
- Vinyl Siding
Interior
- Rooms
- Bathroom, Bedroom x 3
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 27, 2026 | New listing | $197,510 | — | NCMLS |







































