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    1936 2Nd St Clinton, IA 52732

    For Sale
    $250,000

    High-yield multi-tenant property in prime location.

    Property size:
    17,672 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial investment opportunity presents a substantial 17,672 square foot brick building situated on a 0.61-acre lot at 1936 N 2nd Street, Clinton, Iowa. Boasting a strategic location on North 2nd Street and US Highway 67, this property enjoys excellent visibility and accessibility, positioned just one block north of the Highway 136 Iowa-Illinois bridge, providing seamless access to Illinois. The building's history as a trolley car servicing facility is reflected in its robust construction. Currently, the property generates consistent income through six long-term commercial tenants, offering a stable and diversified revenue stream. Adding to its appeal, an included apartment further enhances the rental income potential. The asking price for this multi-tenant property is $250,000, representing a compelling investment opportunity for both owner-users and investors seeking a strong return on investment in a desirable location. The property's size, tenant occupancy, and strategic location combine to create a rare opportunity in the Clinton, Iowa market. This is a chance to acquire a well-established, income-producing asset with significant upside potential. Serious inquiries are encouraged.

    Property Features for 1936 2Nd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    17,672 SF
    Lot Size
    26,572 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wilkens Heating and Air ... Air Conditioning Contractor Advanced Temperature Systems Hvac Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Clinton
    State
    Iowa
    Longitude
    -90.18233
    Latitude
    41.86756

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield multi-tenant property in prime location.
    Where is this commercial real estate located?
    The property is located at 1936 2Nd St Clinton, IA.
    What is the asking price?
    The asking price for this property is $250,000.
    Request Owner's contact information
    1936 2Nd St Clinton, IA 52732
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    Clinton, IA 52732
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1936 2Nd St Clinton, IA 52732
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