Property summary
This exceptional property, situated in Clinton's vibrant downtown business district at 320 S 3rd Street, presents a unique investment opportunity. The substantial building encompasses nearly 12,000 square feet, previously utilized as a body shop. A significant feature is the inclusion of a former apartment space located upstairs, offering versatile possibilities for expansion or adaptation. The property's adaptability makes it suitable for a wide range of commercial ventures. The building's current vacancy allows for immediate occupancy and customization to meet specific business needs. Beyond the building itself, a significant advantage is the presence of a sizable 0.54-acre lot providing ample parking. This expansive area offers significant potential for future development, expansion, or additional uses, enhancing the property's overall value and functionality. The asking price for this prime downtown location is $225,000, representing a compelling investment in a thriving community. The combination of building size, parking availability, and development potential makes this a truly remarkable opportunity for a discerning buyer. Serious inquiries are encouraged to explore the full potential of this versatile property.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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