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Property profile & analytics
OFF-MARKET
Turn key restaurants

254 Main Ave Clinton, IA 52732-2238

1,268 SF 0.04 ac lot Built 1900
Individually Owned 1-yr Hold Absentee Owner
Property ID
US25-1116194
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction FRAME
Total area 1,268 SF
Lot 0.04 ac (1,656 SF)
APN 8605680000
UPID US25-1116194
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
Current use
Occupant on record · Public records
  • mexiBro Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Elis Fazliu · 1 yrs held
Elis Fazliu
since 2024
2 recorded transactions
2024
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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