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    OFF-MARKET
    Specialty properties

    222 2nd St, Clinton, IA 52732-4216

    15,200 SF 0.17 ac lot Built 1929
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US25-1223072
    Property summary
    AI-generated overview

    This exceptional 7,200 square foot commercial property, situated on a 0.16-acre lot at 222-224 S 2nd Street in Clinton, IA, presents a unique investment opportunity. Ideally located on the bustling US Highway 67, this building boasts a prime position next to a thriving local coffee shop, ensuring high visibility and foot traffic. Currently configured as a banquet hall, bar, and restaurant, the property is equipped with all necessary fixtures and equipment, including two fully functional bars, two spacious banquet areas, a dedicated meeting space, and a well-appointed kitchen. The building features zoned heating and cooling for optimal climate control. While the parking lot to the west of the building is not included in the sale, it will be separated into a distinct parcel prior to closing, ensuring a clean transaction. A cross-access agreement will be provided by the seller to guarantee continued convenient access for patrons. This turnkey operation is priced at $110,000. All measurements are approximate and should be independently verified by the prospective buyer. This is an exceptional opportunity for an entrepreneur to establish or relocate a thriving business in a high-demand location.

    Property profile
    Verified
    Property type Specialty properties
    Use group CHARITABLE ORGANIZATION
    Year built 1929
    Total area 15,200 SF
    Lot 0.17 ac (7,200 SF)
    APN 8013170500
    UPID US25-1223072
    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
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    SDS INVESTMENTS LLC
    SDS INVESTMENTS LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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