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.
| MLS # | 12685871 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 98 |
| Listing Provided By | Mel Foster Co. Commercial | Nick Roman |
| SQ Feet | 175,432 |
|---|---|
| Zoning | MULTI |
| Acreage | 37.11 |
| Roof | Composition |
|---|---|
| Construction Materials | Brick |
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 15238 |
| State | IA |
|---|---|
| County | Clinton |
| City | Clinton |
| Zip Code | 52732 |
| Area | Iowa Clinton |
| Listing VS Median (in 52732) | |
Price: $3,800,000 low | high Med: $139,900 sqft: 175,432 low | high Med: 1,102 $ / sqft: $22 low | high Med: $130 On site: 98 low | high Med: 17 | |
| State | IA |
|---|---|
| County | Clinton |
| City | Clinton |
| Zip Code | 52732 |
| Area | Iowa Clinton |
| Listing VS Median (in 52732) | |
Price: $3,800,000 low | high Med: $139,900 sqft: 175,432 low | high Med: 1,102 $ / sqft: $22 low | high Med: $130 On site: 98 low | high Med: 17 | |