Medical Office Building with Vacant
1320 19TH Avenue NW Clinton, IA 52732
1320 19TH Avenue NW, Clinton, IA, 52732
$2,200,000
For Sale
$2,200,000
Well-maintained medical office building offers a vacant suite with private offices, reception, conference room, and restrooms.
Property Size18,360 SF
Price / SF$119.83
Days on Market239
Property Features for 1320 19TH Avenue NW
General Information
- Standard status
- Active
- Size
- 18,360 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2007
Listing agency
Hawkeye Commercial Real Estate
(563) 344-4295
Listed by
Max Gellerman
(563) 344-4295
Source
Birdrealtysells
Added: Nov 25, 2025 Updated: Jul 22 at 2:36AM Checked: Jul 22 at 2:36AM
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 Hawkeye Commercial Real Estate
Investment Insights
Based on property information with market context.
This well-maintained 18,360 SF medical office building is home to Bridgeview Community Mental Health Center and includes 11,860 SF currently occupied. An additional 6,500 SF is available as a versatile vacant suite. The space is configured with 8–10 private offices, a welcoming reception area, ample storage, an IT/server room, a spacious conference room, and convenient restrooms.
The property is located just off Mill Creek Parkway, providing quick access to Highway 30.
Ownership is flexible and open to tailoring the space to your needs.
The property is located just off Mill Creek Parkway, providing quick access to Highway 30.
Ownership is flexible and open to tailoring the space to your needs.
Key Highlights
- Year built 2007 well‑maintained 18,360 SF medical office building housing Bridgeview Community Mental Health Center
- 11,860 SF occupied with 6,500 SF of versatile space available for lease
- Vacant suite includes 8–10 private offices, reception area, and ample storage
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $211.5k | $11.52 |
| − Vacancy | −$51.2k | −$2.79 |
| EGI | $160.3k | $8.73 |
| − OpEx | −$40.1k | −$2.18 |
| NOI | $120.2k | $6.55 |
18,360 SF · lease $11.52/SF/yr · vacancy 24.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.72M
$1.50M – $2.00M
NOI $120,242 @ 7.0% cap · market cap 5.47%
Second Best
Healthcare Medical
$1.52M
$1.33M – $1.77M
NOI $106,229 @ 7.0% cap · market cap 4.83%
Theoretical Best
Specialty Retail
$2.70M
$2.36M – $3.15M
NOI $188,993 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bridgeview CMHC
Community Health Centre
Tina Budreau
Physician
Paul Blair
Foster Care Service
Kathee Foxan
Foster Care Service
Thomas Earwood
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Medical center - Well-maintained medical office building offers a vacant suite with private offices, reception, conference room, and restrooms.
Where is this medical center located?
The property is located at 1320 19TH Avenue NW Clinton, IA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Year built 2007 well‑maintained 18,360 SF medical office building housing Bridgeview Community Mental Health Center; 11,860 SF occupied with 6,500 SF of versatile space available for lease; Vacant suite includes 8–10 private offices, reception area, and ample storage
