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    116 5Th Ave Clinton, IA 52732

    Sponsored
    For Sale
    $490,000

    Prime location, versatile 11,979 SF space

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 116 5th Avenue South in Clinton, Iowa, presents a unique investment opportunity. The 11,979-square-foot space currently operates as a restaurant, boasting a prime location within Clinton's vibrant business district. Its versatility allows for a variety of uses, including restaurant, retail, or office space. The property features a dedicated bar entrance, private seating areas, and a banquet room with a capacity of 100, making it ideal for events and large gatherings. The current restaurant has a seating capacity of 462. Three upstairs offices provide ample space for management or business expansion. All furniture, fixtures, and equipment are included in the sale, with key features such as a 14-foot hood, a 5-foot hood, a walk-in cooler, and a walk-in freezer. The 0.24-square-foot lot is situated in a high-traffic area, ensuring excellent visibility and foot traffic. The current business will continue operations until the sale is finalized. This property offers a blend of established infrastructure and adaptable space, making it an attractive proposition for a discerning buyer. The asking price is $490,000. The property consists of one building. The zip code is 52732.

    Property Features for 116 5Th Ave

    General Information

    Property type
    Restaurants

    Building Details

    Buildings
    1

    HighLights

    • 11,979 SF commercial building at 116 5th Avenue South, Clinton, IA 52732, currently operating as a restaurant.
    • Prime location in Clinton's business district, adaptable for restaurant, retail, or office use.
    • Features a bar, private seating, and a 100‑person capacity banquet room; 462 total seating capacity.
    • Includes three upstairs offices, all FF&E, a 14‑foot hood, a 5‑foot hood, walk‑in cooler, and walk‑in freezer.
    • 0.24‑acre lot in a high‑traffic area; $490,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    La Feria Mexican Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Clinton
    State
    Iowa
    Longitude
    -90.1867076
    Latitude
    41.8415685

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    FAQs

    What type of property is this?
    Restaurant - Prime location, versatile 11,979 SF space
    Where is this restaurant located?
    The property is located at 116 5Th Ave Clinton, IA.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: 11,979 SF commercial building at 116 5th Avenue South, Clinton, IA 52732, currently operating as a restaurant.; Prime location in Clinton's business district, adaptable for restaurant, retail, or office use.; Features a bar, private seating, and a 100-person capacity banquet room; 462 total seating capacity.
    Request Owner's contact information
    116 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
    116 5Th Ave Clinton, IA 52732
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