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    116 5Th Ave Clinton, IA 52732

    For Sale
    $430,000

    Versatile 11,979 sq ft space, ideal for various uses.

    Property size:
    11,979 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 11,979-square-foot commercial property, situated at 116 5th Avenue South in Clinton, Iowa, presents a unique investment opportunity. Currently operating as a restaurant, this adaptable space offers immense potential for a variety of businesses. The building sits on a 0.24-acre lot in a bustling commercial area, ensuring high visibility and consistent foot traffic. The interior boasts a thoughtfully designed layout, including a dedicated bar entrance, private seating areas perfect for intimate gatherings, and a spacious banquet room capable of accommodating up to 100 guests. Three upstairs offices provide ample space for administrative functions or business expansion. The sale includes all existing furniture, fixtures, and equipment, significantly reducing start-up costs. This comprehensive package includes a substantial 14-foot hood, a 5-foot hood, a walk-in cooler, a freezer, and much more – all ready for immediate use. The current business will continue operations until the sale is finalized, providing a seamless transition for the new owner. With its prime location, versatile design, and extensive equipment, this property is poised for immediate success. The asking price is $430,000. This is an exceptional opportunity to acquire a thriving business or establish a new venture in a vibrant and desirable location. The current occupancy is 462.

    Property Features for 116 5Th Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    11,979 SF
    Lot Size
    10,454 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    La Feria Mexican Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Clinton
    State
    Iowa
    Longitude
    -90.1867
    Latitude
    41.84155

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 11,979 sq ft space, ideal for various uses.
    Where is this commercial real estate located?
    The property is located at 116 5Th Ave Clinton, IA.
    What is the asking price?
    The asking price for this property is $430,000.
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    116 5Th Ave 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
    116 5Th Ave Clinton, IA 52732
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