225 Allen StClinton, WI 53525

  • Office properties
  • 5,600 SF
For Sale
$225,000 View listing

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
225 Allen St, Clinton, Wisconsin

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

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
-
-
-
-
-
-
-
-

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