Property Listing No Longer Available for Sale

143 6th Avenue South, Clinton, IA

Multi-family for Sale - $995,000 - 69,560 Sq. Ft. on 0.28 acres


Property Info

CIMLS#1051827
Location
  143 6th Avenue South
  Clinton IA 52732
UpdatedJuly 10th, 2019
TypeMulti-family
Price$995,000
Building69,560 Sq. Ft.
Land0.28 acres

Property Description

85 unit apartment building, currently vacant, rented until November of 2018. Main floor is well-suited for commercial rental space, for individual offices or larger facility, such as, convention center, reception hall, retail or any other commercial use. Was once a dramatic outstanding piece of architecture with soaring ceilings, ornate plaster works, and character rich woodwork. Main floor can be divided into multiple spaces. Upper 4 floors were individual apartments ranging in sizes from efficiencies to 2 bedroom units. Elevator served and functional. Property includes multiple parcels (see associated docs or photos), and adjacent storage units. Plenty of off street parking available. This would be an awesome preservation/restoration project for those seeking larger facilities for their portfolio. All measurements, facts, regarding zoning, parcel numbers and potential uses should be verified by buyer. Main Level: 17,800 sq. ft., Levels 2-5: 12,940 sq. ft./level = 51,760 sq. ft.


Financials