139 5th S Ave Clinton, IA 52732-4168
This exceptional 3,000-square-foot commercial property is ideally situated on the bustling 5th Avenue South in Clinton, Iowa. Its prime location, directly off Highway 67 and just one block from the scenic riverfront, ensures high visibility and accessibility. The main floor offers ample space perfect for retail or office use, catering to a diverse range of businesses. A convenient loading dock and on-site parking are located at the rear of the building, enhancing operational efficiency. Adding to the investment potential, a spacious 1,500-square-foot, one-bedroom apartment occupies the upper floor, currently leased to a long-term tenant, providing a consistent stream of rental income. The property benefits from significant daily traffic flow, amplified by strategically placed traffic lights. Recent upgrades and meticulous maintenance by the previous owner are evident throughout the building, reflecting a commitment to quality and longevity. The asking price of $105,900 represents a compelling opportunity, particularly considering the increased interest in downtown Clinton commercial properties observed over the past year. This property sits on a 0.12-acre lot and presents a rare blend of commercial and residential income potential in a thriving downtown location. Don't miss this chance to own a piece of Clinton's vibrant commercial landscape.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.