Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Turn key restaurants

    116 5th S Ave, Clinton, IA 52732-4106

    11,979 SF 0.24 ac lot Built 1946
    Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US25-1323671
    Property summary
    AI-generated overview

    This exceptional 11,979-square-foot commercial property, situated at 116 5th Avenue South in Clinton, Iowa, presents a unique investment opportunity. Currently operating as a restaurant, this adaptable space offers immense potential for a variety of businesses. The building sits on a 0.24-acre lot in a bustling commercial area, ensuring high visibility and consistent foot traffic. The interior boasts a thoughtfully designed layout, including a dedicated bar entrance, private seating areas perfect for intimate gatherings, and a spacious banquet room capable of accommodating up to 100 guests. Three upstairs offices provide ample space for administrative functions or business expansion. The sale includes all existing furniture, fixtures, and equipment, significantly reducing start-up costs. This comprehensive package includes a substantial 14-foot hood, a 5-foot hood, a walk-in cooler, a freezer, and much more – all ready for immediate use. The current business will continue operations until the sale is finalized, providing a seamless transition for the new owner. With its prime location, versatile design, and extensive equipment, this property is poised for immediate success. The asking price is $430,000. This is an exceptional opportunity to acquire a thriving business or establish a new venture in a vibrant and desirable location. The current occupancy is 462.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1946
    Total area 11,979 SF
    Lot 0.24 ac (10,500 SF)
    APN 8011440001
    UPID US25-1323671
    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
    Current use
    Occupant on record · Public records
    • La Feria Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    San Antonio INC · 19 yrs held
    San Antonio INC
    since 2007
    1 recorded transaction
    2007
    $300,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 116 5th S Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message