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    302 6th S Ave Clinton, IA 52732-4504
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    Property profile & analytics

    302 6th S Ave, Clinton, IA 52732-4504

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    • Turn key restaurants
    • 1,705 SF
    • 0.48 lot acres
    Off-Market
    Property ID
    US25-1352231
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Travel Inn / Hotel & Motel

    Property Details for 302 6th S Ave

    Year built
    1963
    Lot size
    0.48 lot acres
    Property type
    Turn key restaurants
    APN
    8015800000
    APU
    8015800000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 3, 2016 — Pankaj C Shah — Deed · related $130k · Gateway State Bank

    Description

    This exceptional 14,113 square foot commercial property, located at 302 6th Avenue South in the heart of downtown Clinton, Iowa, presents a lucrative investment opportunity. The property is a well-established 52-room hotel featuring an on-site restaurant, providing a diverse revenue stream. Its central location offers easy access to numerous shops and restaurants, enhancing its appeal to both business and leisure travelers. Ten of the hotel rooms boast private balconies, adding a premium touch for guests. The hotel also includes an outdoor swimming pool, a desirable amenity for guests during warmer months. Recent upgrades include the installation of new air conditioning units in 2020 and updated televisions throughout the property, ensuring modern comfort and convenience. The property sits on a 0-acre lot and is offered at $1,225,000. This turnkey operation is ready for a new owner to capitalize on its established reputation and prime location. The combination of hotel rooms and a restaurant provides a unique opportunity for significant return on investment. This is a rare chance to acquire a thriving business in a desirable downtown setting. Serious inquiries are encouraged to schedule a viewing and explore the potential of this exceptional property.


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    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Clinton
    State
    Iowa
    Longitude
    -90.1912
    Latitude
    41.8404
    CBSA code
    17540
    CBSA name
    CLINTON, IA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,712
    $69,000
    $459,820
    $528,820
    -
    $69,000
    $459,820
    $528,820
    More about this property
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