222 2nd St Clinton, IA 52732-4216
Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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