About This Restaurant
Investment Highlights
Historic building with original vault door, ideal for an upscale restaurant/bar, club, etc.
Executive Summary
This historic structure was designed by architect A.H. Morrell in the Classical Revival style. It was built by Daniel Haring from 1911 to 1912. The two-story structure features a pediment and fluted columns flanking the main entrance. The exterior is composed of dressed stone and is 50 feet wide, containing its original steel vault. It was listed on the National Register of Historic Places in 1985. This building is the crown jewel.Former night club, on the second floor it has a manager apartment, low property tax, it can also be leased out.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Bar Bar OfficeLoft Creative Space Office Medical Industrial Service Bar
- Building Size 11,528
- Building Class C
- Year Built/Renovated 1902/2022
- Price 120,000
- Price Per SF 10
- Tenancy Single
- Building Height 2 Stories
- Building FAR 1.65
- Land Acres 0.16 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Signage
Property Taxes
| Parcel Number | 80-1383-0000 | Improvements Assessment | $28,750 |
| Land Assessment | $78,990 | Total Assessment | $2,174 (0.19/SF) |
| Date Created: | 2024-07-16 04:13:37 | Last Updated: | 2024-07-16 04:13:37 |
| Address: | 226-228 5th Ave S , Clinton, Iowa, 52732 | ||