90 Main AveClinton, IA 52732

Property Details for 90 Main Ave

Year built

1870

Lot size

0.05 AC

Property size (Sq ft)

3,960 SF

Property type

Retail space

APN

8616390000

APU

8616390000

Description

This unique Clinton, IA property, located at 90 Main Avenue, presents a rare investment opportunity. Built in 1870, this 1-building property sits on land zoned for commercial use and offers a versatile space ideal for a variety of businesses. The building's historical character, situated in the Lyons District, adds significant charm and potential for branding. The property features a main level perfectly suited for commercial use, complemented by living quarters on the second story. This mixed-use configuration provides flexibility for owner-occupancy or rental income generation. The asking price is $15,000. It's important to note that this property must be purchased in conjunction with 86-88 Main Ave. The property's location in Clinton, IA, zip code 52732, offers excellent visibility and accessibility. With its blend of historical significance and practical functionality, this property is poised for a variety of successful ventures. The property's classification includes land, industrial, office, and retail uses. This is a truly exceptional opportunity to acquire a piece of Clinton's history and establish a thriving business. The property's coordinates are 41.8724356 latitude and -90.1775807 longitude. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,051,087

  6.5%

  $970,234

  7%

  $900,932

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,013,120

  Geo Method

  $1,299,791

• Alternative Use

  Use

  Valuation

  Residential

  $818,429

  Hospitality

  $749,676

  Educational

  $623,722

  Medical

  $645,173

  Retail

  $970,234

Location Insight

City

Clinton

County

Clinton

State

Iowa

Latitude

41.8724

Longitude

-90.1776

CBSA code

17540

CBSA name

CLINTON, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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