335 5Th Ave S Clinton, IA 52732
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.