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819 N 2nd Street Clinton, IA 52732 Commercial - Business New

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Description

Excellent commercial and investment opportunity featuring an office building with three apartments in a prime high-visibility location at 819 N. 2nd St., along with additional parcels at 813 N. 2nd St. (lot located between Subway and the subject property) and 816 Roosevelt (extra lot behind the subject property). Zoned C2, these properties offer exceptional flexibility and exposure with strong traffic counts ideal for business visibility and long-term investment potential. The spacious main floor office offers an attractive and functional layout with four private offices, an entry waiting room, reception area, copy/storage room, kitchenette, and half bath. The office space also features newer windows and ample off-street parking for clients and staff. The upper levels include three residential rental units consisting of a one-bedroom apartment and an efficiency apartment on the second floor, plus an additional one-bedroom apartment on the third floor. Separate off-street parking provides convenience for apartment tenants as well. Pride of ownership is evident throughout this property. Long-term ownership and consistent maintenance have kept the buildings in excellent condition, making this a rare opportunity for investors, business owners, or those seeking mixed-use income potential in a highly traveled location.

Property Highlights

Property Type: Commercial - Business
Year Built: 1900

General Information

County: Clinton
Listed By:
Cavanagh Realty, LLC.
MRED MLS
$244,900
Est. $1,631/mo
New to the Market New
SQUARE FEET3,252 MLS#12661776
STATUSNew PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors
563.441.1776

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819 N 2nd Street, Clinton, IA 52732.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $244,900$244,900$244,900
Down Payment $48,980$8,572$61,225
Monthly Mortgage Amount $1,190$1,481$1,513
Taxes $341$341$341
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$108$0
Monthly Estimated Total $1,631$2,030$1,954

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