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    238-246 S 5TH Avenue

    Clinton, IA 52732
    • $280,000
    • STATUS: Active
    • ON SITE: 74 Days
    • ID#: QC4225193
    UPDATED: 58 min ago
    $280,000
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1886
    County:
    Area:

    School Ratings & Info

    Description

    High annual traffic (1,500,000 +at this location. Two buildings with over 38,000 total SF. Across the street is the Wilson Building, currently in the middle of a $17,500,000 redevelopment. The street level floor is full with locally owned and long term commercial tenants that generate $48,400 of annual income. The upstairs is ready for redevelopment. A few years ago, U of I engineering students did an assignment and drafted detailed plans for redevelopment of the upper floors. Documents are available upon request. Roof was recoated and building is ready for you to make your vision come true!

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    © 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Data last updated: 2021-10-26T06:45:00.07.
    www.viewspringfieldhomes.com/homes/120406888
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    238-246 S 5TH Avenue Clinton, IA 52732

    • Price: $280,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: QC4225193
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    1886
    Built
    Neighborhood:
    Qcara Area
    County:
    Clinton
    Area:
    Qcara Area
    Property Description
    High annual traffic (1,500,000 +at this location. Two buildings with over 38,000 total SF. Across the street is the Wilson Building, currently in the middle of a $17,500,000 redevelopment. The street level floor is full with locally owned and long term commercial tenants that generate $48,400 of annual income. The upstairs is ready for redevelopment. A few years ago, U of I engineering students did an assignment and drafted detailed plans for redevelopment of the upper floors. Documents are available upon request. Roof was recoated and building is ready for you to make your vision come true!
    Exterior Features

    Exterior Finish Brick Frontage Access City StreetCorner LotPaved 2Lane Lot Dimensions 150 X 140 Roof Construction Flat Wall Construction Brick

    Interior Features

    Cooling Central Air Flooring Wood Heating Forced Air Insulation Unknown

    Property Features

    Annual Taxes 9604 Building Description 3 StoryMulti-Tenant Building Name Jacobsen Building For Lease No For Sale Yes Location Downtown Net Operating Income 0 Number Of Buildings 2 Owner Pays Common Area Ownership L.L.C. Possible Financing CashConventional Sale Lease Includes Building Sale Rent For Sale Sewer Source Public Sewer Tax Incentive In City Limit Tenant Pays ElectricGasWater/Sewer Terms Lease N/A Type Commercial/Cie Type1 OfficeRestaurantRetail Water Supply Municipal/City Zoning Commercial

    Listing provided courtesy of Dennis Lauver of Howes & Jefferies Realtors.
    © 2021 RMLS Alliance, LLC. All Rights Reserved.


    © 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Data last updated: 2021-10-26T06:45:00.07.
     
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