1936 2Nd St Clinton, IA 52732
- Warehouses
- 17,672 SF
- 0.61 lot acres
Current Use by Public Records
- Wilkens Heating and Air Conditioning / Air Conditioning Contractor / Heating Contractor
- Advanced Temperature Systems / Air Conditioning Contractor / Heating Contractor
Property Details for 1936 2Nd St
- Year built
- 1900
- Lot size
- 0.61 lot acres
- Property size
- 17,672 SF
- Property type
- Warehouses
- APN
- 8620190000
- APU
- 8620190000
Description
This exceptional commercial investment opportunity presents a substantial 17,672 square foot brick building situated on a 0.61-acre lot at 1936 N 2nd Street, Clinton, Iowa. Boasting a strategic location on North 2nd Street and US Highway 67, this property enjoys excellent visibility and accessibility, positioned just one block north of the Highway 136 Iowa-Illinois bridge, providing seamless access to Illinois. The building's history as a trolley car servicing facility is reflected in its robust construction. Currently, the property generates consistent income through six long-term commercial tenants, offering a stable and diversified revenue stream. Adding to its appeal, an included apartment further enhances the rental income potential. The asking price for this multi-tenant property is $250,000, representing a compelling investment opportunity for both owner-users and investors seeking a strong return on investment in a desirable location. The property's size, tenant occupancy, and strategic location combine to create a rare opportunity in the Clinton, Iowa market. This is a chance to acquire a well-established, income-producing asset with significant upside potential. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clinton
- County
- Clinton
- State
- Iowa
- Longitude
- -90.1823
- Latitude
- 41.8676
- CBSA code
- 17540
- CBSA name
- CLINTON, IA MICROPOLITAN STATISTICAL AREA
