For Sale
$105,900

139 5Th Ave Clinton, IA 52732

Office, Retail, & Apartment Income

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional commercial property, located at 139 5th Avenue South in Clinton, Iowa, presents a unique investment opportunity. Built in 1900, this building boasts a prime downtown location on a busy block of 5th Avenue South, offering immediate access to Highway 67 and just one block from the riverfront. The main floor comprises 3,000 square feet of versatile space, ideal for office or retail use. A convenient parking space and loading dock are situated at the rear of the building. Adding to the income potential, a spacious 1,500-square-foot, one-bedroom apartment occupies the upper floor, currently leased to a long-term tenant. The property benefits from high daily traffic volume due to its location and nearby traffic signals. The asking price is $105,900, representing an attractive investment with existing rental income from both the apartment and potential retail space. The building has been meticulously maintained by the previous owner, resulting in numerous upgrades evident throughout. Recent market trends show a significant increase in interest in downtown Clinton commercial properties. This property offers a blend of established income and significant upside potential in a thriving location. The zip code is 52732.

Highlights

  • $105,900 asking price.
  • Mixed-use property (land, office, retail) built in 1900 with one building.
  • 3,000 sq ft main floor office/retail space in high-traffic downtown Clinton location, one block from riverfront.
  • Includes a 1,500 sq ft, one-bedroom apartment with a long-term tenant, generating rental income.
  • Features on-site parking and loading dock.

Property Details for 139 5Th Ave

Property type
Retail properties, Office properties
Year Built
1900
Buildings
1

Location Insight

City
Clinton
County
Clinton
State
Iowa
Latitude
41.8408759
Longitude
-90.1871261

FAQs

What type of property is this?
Retail property - Office, Retail, & Apartment Income
Where is the retail property located?
The property is located at 139 5Th Ave Clinton, IA.
What is the asking price?
The asking price for this property is $105,900.
What are key features of this property?
This property features: $105,900 asking price.; Mixed-use property (land, office, retail) built in 1900 with one building.; 3,000 sq ft main floor office/retail space in high-traffic downtown Clinton location, one block from riverfront.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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139 5Th Ave
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