Keokuk could have a buyer for three pieces of prime, Main Street real estate.
The city shut down the Keokuk Saddle Club in 2004 to allow for the construction of the Hampton Inn along Main Street.
That project resulted in four additional, unsold lots. They have sat vacant since the hotel was completed, except for a large For Sale sign.
Mayor Tom Marion says the organization, Goodwill Industries, has approached the city through a local realtor about purchasing three of the lots.
Marion says the city has been offered $260,000 for the lots, which total 3.81 acres.
He says the plan calls for Goodwill Industries to use the site for a retail store. The organization already has facilities in Burlington and Fairfield.
A street is located between the hotel and the three lots Goodwill Industries is interested in.
Marion says a public hearing on the potential sale will be held in two weeks. The city council says it wants to review the design of the building before making a decision.
Marion says the sale could be completed by the end of May.
The Keokuk City Council sold the site of the Hampton Inn for about $135,000 in late 2005.