312 Washington BlvdCamanche, IA 52730

Property Details for 312 Washington Blvd

Year built

1960

Construction

FRAME

Lot size

0.24 AC

Property size (Sq ft)

2,690 SF

Property type

Bars

Property subtype

Pubs

APN

1018930000

APU

1018930000

Description

This exceptional commercial property, located at 312 S WASHINGTON Boulevard in Camanche, Iowa, 52730, presents a unique investment opportunity. The asking price is $299,900 for this land parcel featuring a single building currently operating as a fully remodeled bar and tavern. Situated on a high-traffic road, this established business benefits from excellent visibility and accessibility. Recent renovations (completed within the last year) encompass a comprehensive upgrade, including a new walk-in cooler, a fully functional kitchen space, a dedicated office area, and custom woodwork throughout. The property also boasts updated flooring and plumbing systems, reflecting a significant investment in modernizing the facilities. The building's interior has been meticulously redesigned to create a welcoming and efficient space for business operations. This turnkey operation is ready for immediate occupancy and presents a rare chance to acquire a well-established business in a desirable location. The property's location in Clinton County, Iowa, offers easy access to local amenities and a strong customer base. This is an ideal opportunity for an entrepreneur seeking a profitable venture with minimal start-up costs. The property's size and configuration are well-suited for continued operation as a bar/tavern or potential adaptation to other commercial uses, subject to local zoning regulations. Serious inquiries are encouraged to explore this promising investment opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $713,996

  6.5%

  $659,073

  7%

  $611,996

• Comparable approach

  Method

  Valuation

  Relative Method

  $688,205

  Geo Method

  $882,939

• Alternative Use

  Use

  Valuation

  Residential

  $555,953

  Hospitality

  $509,250

  Educational

  $423,690

  Medical

  $438,261

  Retail

  $659,073

Location Insight

City

Camanche

County

Clinton

State

Iowa

Latitude

41.7898

Longitude

-90.2531

CBSA code

17540

CBSA name

CLINTON, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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