1936 2Nd StClinton, IA 52732

Property Details for 1936 2Nd St

Year built

1900

Lot size

0.61 AC

Property size (Sq ft)

17,672 SF

Property type

Warehouses

APN

8620190000

APU

8620190000

Description

This exceptional commercial investment opportunity presents a substantial 17,672 square foot brick building situated on a 0.61-acre lot at 1936 N 2nd Street, Clinton, Iowa. Boasting a strategic location on North 2nd Street and US Highway 67, this property enjoys excellent visibility and accessibility, positioned just one block north of the Highway 136 Iowa-Illinois bridge, providing seamless access to Illinois. The building's history as a trolley car servicing facility is reflected in its robust construction. Currently, the property generates consistent income through six long-term commercial tenants, offering a stable and diversified revenue stream. Adding to its appeal, an included apartment further enhances the rental income potential. The asking price for this multi-tenant property is $250,000, representing a compelling investment opportunity for both owner-users and investors seeking a strong return on investment in a desirable location. The property's size, tenant occupancy, and strategic location combine to create a rare opportunity in the Clinton, Iowa market. This is a chance to acquire a well-established, income-producing asset with significant upside potential. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $3,652,341

  Hospitality

  $3,345,525

  Educational

  $2,783,437

  Medical

  $2,879,164

  Retail

  $4,329,792

Location Insight

City

Clinton

County

Clinton

State

Iowa

Latitude

41.8676

Longitude

-90.1823

CBSA code

17540

CBSA name

CLINTON, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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