724 2nd St, Clinton, IA 52732-3815
This exceptional commercial property, located at 724 N 2nd Street in Clinton, Iowa, presents a unique opportunity for businesses seeking a versatile and well-situated office space. The single-tenant building, constructed in 1948, boasts a total of 3,400 square feet, all currently vacant and ready for immediate occupancy. The main level encompasses approximately 1700 square feet and features a welcoming reception area, three private offices, a functional conference room, a convenient kitchenette, a restroom, and a laundry area. This provides ample space for a variety of business needs. A sizable basement area, also approximately 1700 square feet, offers excellent storage capacity. The property is zoned for commercial use and sits on a lot with an APN of 8048020000 in Clinton County. Note that a rear apartment and garage are separately rented and are not included in this offering. This high-visibility location in Clinton, Iowa (zip code 52732) offers excellent accessibility and exposure for any business. The property's single-tenant configuration provides simplicity and control, making it an ideal investment or operational space. This is a rare opportunity to acquire a well-maintained, established office building in a desirable location. The property is ready for immediate occupancy.
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Noel Law Firm Law Firm
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
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.