81 Main AveClinton, IA 52732

  • Retail space
  • 5,918 SF
For Lease
$7.35/SF/YR View listing

Property Details for 81 Main Ave

Year built
1900
Lot size
0.11 AC
Property size (Sq ft)
5,918 SF
Property type
Retail space
APN
8615820001
APU
8615820001

Description

This beautifully renovated 1,958 square foot commercial property in Clinton, Iowa's Lyons District offers a unique blend of industrial/warehousing aesthetics and urban charm. Located at 81 Main Avenue, this single-tenant space boasts professionally cleaned and sealed brickwork, complemented by original hardwood floors currently being refinished. High ceilings with corrugated steel create a distinctive atmosphere. The layout includes a spacious 1,320 square foot front area and a 638 square foot back area, providing ample room for various business needs. Two separate bathrooms add convenience. Recent upgrades include a new HVAC system, plumbing, and electrical work, ensuring modern functionality. The lower level features a SaniDry Air System for optimal environmental control. This meticulously maintained property, zoned C2MainOver (APN 8615820001), presents an exceptional opportunity to establish your business in a vibrant historic district. The monthly lease rate is $1,200. The property is located in Clinton County, Iowa, zip code 52732.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,570,791
    6.5%
    $1,449,961
    7%
    $1,346,392
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,514,052
    Geo Method
    $1,942,465
  • Alternative Use

    Use
    Valuation
    Residential
    $1,223,096
    Hospitality
    $1,120,350
    Educational
    $932,118
    Medical
    $964,175
    Retail
    $1,449,961

Location Insight

City
Clinton
County
Clinton
State
Iowa
Latitude
41.8718
Longitude
-90.1772
CBSA code
17540
CBSA name
CLINTON, IA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,546
$15,180
$69,020
$84,200
-
$15,180
$69,020
$84,200

FAQs

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