Mixed-Use Restaurant and Lodging
New
For Sale
Contact for pricing
106 North 16th Street, Clarinda, IA 51632
Restaurant, retail, catering, and lodging uses operate within the same property.
Property SizeContact for details
Days on Market7
Property Features for 106 North 16th Street
General Information
Standard status
Active
Property subtype
Business for Sale
Financials
Asking Price
$450,000
Business Included
Yes
Listing Agency:
Thomas Realty
Listed By:
Charles Thomas · License #IO B4146700
(712) 542-6325
Source:
Crexi
Added: Sep 11
Changed: Sep 16
Last Checked: Sep 16 at 2:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thomas Realty
Investment Insights
Based on property information with market context.
Located at 106 North 16th Street in Clarinda, Iowa, this mixed-use property combines an operating restaurant with integrated lodging accommodations. The business includes food and beverage service, retail activity, catering, and lodging through a bed-and-breakfast and Airbnb component.
The offering can be structured around the restaurant business with a lease arrangement for the building, or as a combined acquisition of the business, real estate, and lodging operation. This creates a single-property platform for restaurant and hospitality operations, with the existing building supporting multiple commercial uses under one roof.
The offering can be structured around the restaurant business with a lease arrangement for the building, or as a combined acquisition of the business, real estate, and lodging operation. This creates a single-property platform for restaurant and hospitality operations, with the existing building supporting multiple commercial uses under one roof.
Key Highlights
- Restaurant and lodging operation at 106 North 16th Street, Clarinda, IA 51632
- Combined restaurant, bed‑and‑breakfast, and Airbnb uses
- Food, beverage, retail, and catering operations included
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Home Improvements & Furnishings 24%
Electronics 4%
Clarinda #2
Shops & Services
7,308 visits/mo
0.1 miles
Dollar General
Shops & Services
4,911 visits/mo
0.4 miles
Easter's True Value Rental
Home Improvements & Furnishings
4,370 visits/mo
0.1 miles
First Interstate Bank
Shops & Services
1,089 visits/mo
0.1 miles
U.S. Cellular
Electronics
666 visits/mo
0.1 miles
Demographics for 51632, IA
7,024
Population
2,818
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
92%
High-School Grad
211.2 sq mi
ZIP Area
33
Density / Sq Mi
$54,758
Median Household Income
$39,710
Median Earnings
$664
Median Rent
$135,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant, retail, catering, and lodging uses operate within the same property.
Where is this mixed-use property located?
The property is located at 106 North 16th Street Clarinda, IA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Restaurant and lodging operation at 106 North 16th Street, Clarinda, IA 51632; Combined restaurant, bed‑and‑breakfast, and Airbnb uses; Food, beverage, retail, and catering operations included
