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    OFF-MARKET
    Turn key restaurants

    208 Main Ave, Clinton, IA 52732-2242

    1,585 SF 0.05 ac lot Built 1900
    Individually Owned 17-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US25-1151053
    Property summary
    AI-generated overview

    This vacant 1,240 square foot retail space, located at 208 Main Avenue in Clinton, Iowa, presents a fantastic opportunity for a new restaurant venture. Previously used as a restaurant, the property boasts existing restaurant infrastructure, including an 8-foot hood/ansel system and two built-in brick oven pizza ovens, significantly reducing start-up costs and time. The building is a single-story structure situated on a 0.04-acre lot, zoned C for commercial use. The asking price is $80,000, translating to $64.52 per square foot. Its location along heavily traveled Main Avenue in downtown Clinton ensures high visibility and accessibility for potential customers. The property's existing equipment and prime location make it an ideal investment for an experienced restaurateur or a new business looking to establish a presence in a thriving downtown area. The address is 208 Main Ave, Clinton, IA 52732. This is a turnkey opportunity not to be missed. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1900
    Construction FRAME
    Total area 1,585 SF
    Lot 0.05 ac (2,058 SF)
    APN 8605130000
    UPID US25-1151053
    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
    AI Approach AI
    by Request
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    Owner & transaction history
    Michael C Clark · 17 yrs held
    Michael C Clark
    since 2009
    1 recorded transaction
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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