225 Allen StClinton, WI 53525
- Office properties
- 5,600 SF
Property Details for 225 Allen St
- Year built
- 1930
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 5,600 SF
- Zone code
- COMMERCIAL - DOWNTOWN
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 6-21-125
- APU
- 621125
Description
This exceptional 5,600 square foot storefront, located at 225-229 Allen Street in Clinton, Wisconsin (zip code 53525), presents a unique investment opportunity. Currently vacant, this single-story brick building offers significant potential for redevelopment. The property is zoned C-1 Central Commercial District and is being sold "as is" by the Village of Clinton. The building features a separate lower-level entrance and convenient access to both street parking and a municipal parking lot via a building-side sidewalk. While the interior requires renovation (including flooring, drywall, and bathrooms), a village representative is available to discuss existing building improvements. This prime location in the heart of downtown Clinton offers high visibility and proximity to numerous businesses, including Cougar Lanes, the Village Library, Post Office, Clinton Middle School, The DeLong Company, local restaurants and bars, American Family Insurance, and Clinton Family Dental. The asking price is $225,000, translating to $40.18 per square foot. This represents a compelling opportunity to acquire a substantial retail space in a thriving Wisconsin community. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,011,146
- 6.5%
- $933,366
- 7%
- $866,697
-
Comparable approach
- Method
- Valuation
- Relative Method
- $568,530
- Geo Method
- $729,400
-
Alternative Use
- Use
- Valuation
- Residential
- $1,157,374
- Hospitality
- $1,060,148
- Educational
- $882,031
- Medical
- $912,365
- Retail
- $1,372,048
Location Insight
- City
- Clinton
- County
- Rock
- State
- Wisconsin
- Latitude
- 42.5546
- Longitude
- -88.8623
- CBSA code
- 27500
- CBSA name
- JANESVILLE, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
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