Listing ID: 7037214
Price: $229,000
Address: 2050 LINCOLNWAY
City: Clinton
State: Iowa
Postal Code: 52732
County: Clinton
Multi-use investment property consisting of 4,864 SF industrial warehouse with 16' ceilings, 4 drive-in doors, updated 700 SF office area with large reception area and 2 private offices, new ten unit (1,600 SF) storage units which rent for $50/month and one very nice remodeled 2 BR apartment with potential rental income of $700/month plus. New concrete drives and parking, rubber membrane roof and more. C-2 zoning. Great building for small industrial user looking for additional income from storage unites and apartment.

Primary Features

Amenities: Cable, Fiber Optics, Wireless Internet
Annual Taxes: 6346.00
Area: Clinton Area
Cooling: Central, Partial
County: Clinton
Exterior Finish: Concrete, Wood Siding
For Sale: yes
Frontage Access: Inside Lot, City Street, Unpaved
Heating: Electric, Forced Air, Gas
Parking Spaces: 16
Property Type: Multi-Family
Terms/Lease: N/A
Year Built: 1970
Zoning: C-2

Location Information

Location: Industrial Area

Interior Features

Amps: 200
Floor Construction: Reinforced Concrete
Handicap Modified: No
Insulation: Party Walls, Roof, Side Walls
Three Phase: no
Volts: 110
Wall Construction: Block, Frame

External Features

Approximate Lot Size: 44867
Approximate Number Acres: 1.03
Other Access: N/A
Roof Construction: Comp Shingle, Membrane
Sewer: City Sewer
Water Supply: Municipal


Building Description: 1 Story, 2 Story, 4 Story, 5 Story
Parcel ID Number/Tax ID: 8070940000
Status Category: Active
Style: Other
Type: Multi-Family Property

Financial Details

Flood Insurance: No
For Lease: no
Investment: yes
Owner Pays: N/A
Ownership: L.L. Corp
Sale Includes: Land, Building
Tax Incentive: In City Limit, Other Tax Incentive
Tax Year: 2015
Tenant Pays: N/A

Zoning Info

© 2017 Quad City Area MLS
Information deemed reliable but not guaranteed
Listing courtesy of Charles Armstrong from NAI Ruhl Commercial Company

Contact - Listing ID 7037214

Mel Foster Commercial Real Estate Services

3245 E. 35th St. Ct.
Davenport, IA 52807
Phone: (563) 324-4488
Phone Alt: (800) 226-9381

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