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2604 N 4th Street Clinton, IA 52732 Commercial - Business Active

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Description

Unlock the potential of one of Clinton's most unique redevelopment opportunities. Situated on approximately 37 acres, this former military installation offers an expansive site featuring approximately 23 buildings, private roads, and existing infrastructure already in place. The property presents a rare opportunity for investors, developers, or visionaries looking to capitalize on a large-scale redevelopment project. Several buildings have undergone partial renovations, including updates such as new roofing, HVAC systems, and electrical improvements, while others remain in various stages of disrepair and offer opportunities for renovation, repurposing, or removal. With water, sewer, and utilities already available throughout the site, the property provides a strong foundation for continued redevelopment. Investors may choose to complete the existing renovations and create income-producing assets, or take advantage of the substantial acreage to pursue new residential, commercial, mixed-use, or specialty development concepts, subject to local approvals. Whether you're seeking a large-scale multifamily redevelopment, workforce housing project, commercial campus, storage conversion, mixed-use development, or a completely new vision, 2604 N 4th Street offers a one-of-a-kind opportunity to transform a historic property into a thriving investment. Contact Listing Agent for additional information, property tours, and redevelopment details.

Property Highlights

Property Type: Commercial - Business
Year Built: 1942
Lot Size: 37.11 acres

General Information

County: Clinton
Listed By:
Mel Foster Co. Commercial 563-324-4488
MRED MLS
$3,800,000
Est. $25,362/mo
New to the Market Active
SQUARE FEET175,432 MLS#12685871
STATUSActive PROPERTY TYPECommercial - Business

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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2604 N 4th Street, Clinton, IA 52732.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $3,800,000$3,800,000
Down Payment $133,000$760,000
Monthly Mortgage Amount $22,671$18,966
Taxes $5288$5288
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $2,279$0
Monthly Estimated Total $31,346$25,362

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