254 Main Ave Clinton, IA 52732-2238
This exceptional commercial property, located at 254 Main Avenue in Clinton, Iowa, presents a unique investment opportunity. Situated on the north side of Main Avenue, east of the intersection of N 3rd Street and Main Avenue, this 1,268 square foot building sits on a 0.03-acre lot. Built in 1900 and extensively remodeled and updated in 2019, the property includes a fully operational restaurant business. The sale includes the building, the established business, and even the restaurant's proprietary hot sauce recipe. The current owner will provide training and support to ensure a smooth transition for the new buyer. This is a turnkey operation with significant potential for continued success within the vibrant Lyons Business and Neighborhood District. Financial documents, including income and expense statements, are available upon request. This property offers a rare chance to acquire a thriving business and building in a prime location. The single building is ready for immediate occupancy. Don't miss this opportunity to own a piece of Clinton's bustling commercial scene.
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mexiBro Restaurant
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.