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    139 5Th Ave Clinton, IA 52732

    For Sale
    $105,900

    Office, Retail, & Apartment Income

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial property, located at 139 5th Avenue South in Clinton, Iowa, presents a unique investment opportunity. Built in 1900, this building boasts a prime downtown location on a busy block of 5th Avenue South, offering immediate access to Highway 67 and just one block from the riverfront. The main floor comprises 3,000 square feet of versatile space, ideal for office or retail use. A convenient parking space and loading dock are situated at the rear of the building. Adding to the income potential, a spacious 1,500-square-foot, one-bedroom apartment occupies the upper floor, currently leased to a long-term tenant. The property benefits from high daily traffic volume due to its location and nearby traffic signals. The asking price is $105,900, representing an attractive investment with existing rental income from both the apartment and potential retail space. The building has been meticulously maintained by the previous owner, resulting in numerous upgrades evident throughout. Recent market trends show a significant increase in interest in downtown Clinton commercial properties. This property offers a blend of established income and significant upside potential in a thriving location. The zip code is 52732.

    Property Features for 139 5Th Ave

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1900
    Buildings
    1

    HighLights

    • $105,900 asking price.
    • Mixed‑use property (land, office, retail) built in 1900 with one building.
    • 3,000 sq ft main floor office/retail space in high‑traffic downtown Clinton location, one block from riverfront.
    • Includes a 1,500 sq ft, one‑bedroom apartment with a long‑term tenant, generating rental income.
    • Features on‑site parking and loading dock.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Wooden Looms Yarn Store Downtown Furniture Furniture Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Clinton
    State
    Iowa
    Longitude
    -90.1871261
    Latitude
    41.8408759

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    FAQs

    What type of property is this?
    Retail property - Office, Retail, & Apartment Income
    Where is this retail property located?
    The property is located at 139 5Th Ave Clinton, IA.
    What is the asking price?
    The asking price for this property is $105,900.
    What are key features of this property?
    This property features: $105,900 asking price.; Mixed-use property (land, office, retail) built in 1900 with one building.; 3,000 sq ft main floor office/retail space in high-traffic downtown Clinton location, one block from riverfront.
    Request Owner's contact information
    139 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
    139 5Th Ave Clinton, IA 52732
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