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Property profile & analytics
FOR LEASE
Retail space

335 5Th Ave S Clinton, IA 52732

28,000 SF 0.64 ac lot Built 1948
Entity Owned Free & Clear
Property ID
US25-0440295
Property summary
AI-generated overview

This exceptional 28,000 square foot commercial building is ideally situated in the heart of Downtown Clinton, Iowa. The property boasts a prime location, offering excellent visibility and accessibility for businesses seeking a strong presence in the community. The building itself is well-maintained and features a comprehensive sprinkler system for enhanced safety and security. Convenient loading dock access ensures efficient handling of goods and materials, making it suitable for a variety of commercial uses. The property sits on a sizable 0.8-acre lot, providing ample space for parking, expansion, or outdoor activities. This versatile space presents a significant opportunity for businesses seeking a substantial footprint in a thriving downtown area. In addition to the purchase option at $500,000, the property is also available for lease at a competitive rate of $4 per square foot, triple net (NNN). This flexible arrangement caters to various business needs and budgets, making it an attractive proposition for both buyers and tenants. The building's size, features, and location combine to create a compelling investment or leasing opportunity in a vibrant and growing community. Serious inquiries are encouraged to explore the potential of this remarkable commercial property.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Total area 28,000 SF
Lot 0.64 ac (28,000 SF)
APN 8015870005
UPID US25-0440295
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
$651k
Blend (final) Blend
$560k
Owner & transaction history
CLINTON IOWA 4, LLC
CLINTON IOWA 4, LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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