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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

86-88 Main Ave Clinton, IA 52732

Built 1861
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 86-88 Main Avenue in Clinton, Iowa, presents a rare opportunity to own a piece of history. The property, known as the JP Gage Union Hall, consists of two buildings constructed in 1861 and situated in the vibrant Lyons District. Offered at an attractive price of $20,000, this land and building package presents significant potential for various commercial ventures. The buildings themselves offer substantial square footage, ideal for adaptive reuse or renovation to suit a range of business needs. The property's prime location on Main Avenue ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the heart of Clinton. The sale includes both 86-88 Main Avenue and the adjacent 90 Main Ave. property; these must be purchased together. This is a unique chance to acquire a historically significant property with considerable upside potential in a thriving Iowa community. The property is zoned for commercial use and offers ample space for expansion or redevelopment. The buildings are in need of renovation, presenting an opportunity for a buyer to create a truly unique and customized commercial space. The property's location in the Lyons District provides access to a variety of amenities and a strong local community. Detailed property records and zoning information are available upon request. Don't miss this chance to own a piece of Clinton's rich history and build your business in a prime location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1861
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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