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Property profile & analytics
OFF-MARKET
Office buildings

333 4th S Ave Clinton, IA 52732-4563

3,600 SF 0.32 ac lot Built 1967
Individually Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-1216614
Property summary
AI-generated overview

This exceptional 3,600 square foot commercial building is ideally situated in downtown Clinton, Iowa, directly across from the new brewery and city park. Boasting excellent visibility from major thoroughfares, this property offers unparalleled exposure for any business. Its strategic location adjacent to the YWCA further enhances its appeal. Currently configured as an office building, the space includes at least nine windowed offices, multiple storage rooms on all levels, three restrooms, conference rooms, a lunchroom, and an attractive reception area. Ample parking is available for both employees and clients. The interior layout, while currently divided into offices, is highly adaptable. The interior walls are non-structural, allowing for easy reconfiguration to suit a variety of uses, including retail or multi-family conversion. The property sits on a 0.3-acre lot. A significant advantage is the inclusion of a two-year lease currently in place, providing immediate income potential. The seller is open to negotiating contract financing options, making this an attractive opportunity for buyers seeking flexible terms. Quick possession is available. This versatile property presents a unique chance to acquire a well-located commercial building with significant potential for future development and adaptation.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1967
Total area 3,600 SF
Lot 0.32 ac (14,000 SF)
APN 8015710000
UPID US25-1216614
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
  • Pillers G Wylie Law Firm
  • Mc Clure Engineering Associates Inc Engineer
  • Wierman David G Law Firm
  • Thrivent Financial-Lutherans Insurance Agency
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
Jonathan Griffin · 11 yrs held
Jonathan Griffin
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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