Mixed-Use Land for Sale in Clinton, Iowa
2225 Lincoln Way, Clinton, IA 52732
Well-maintained, family-owned 29-room independent motel located along heavily traveled Lincoln Way in Clinton, Iowa. Property includes a spacious 3-bedroom manager's apartment with full kitchen and living area. Stable year-round demand supported by multiple major area employers. Significant buyer advantage with an assumable SBA loan (subject to SBA approval) featuring approximately $480,000 remaining, 28 years amortization, and a fixed 3.75 interest rate. Recent improvements include new curtains and valances (2023), updated hardwood flooring in all ground-floor guest rooms (2023), refinished bathtubs (2024), and a new commercial-grade water heater (2026). Guest amenities include complimentary fiber Wi-Fi, a covered gazebo with grill, and an on-site dog run/garden. No franchise fees. Excellent opportunity for an owner-operator or hands-on investor with additional upside through management, marketing, and light property updates.
- MLS#: 12697602
- Type: Motel, Business W/ Real Estate
- Address: 2225 Lincoln Way
- City: Clinton
- Zip: 52732
- County: Clinton
- Sale Price: $925,000
- Building SF: 7,584
- Approx Acres: 1.69
- Annual Taxes: $13,590 / 2024
- Listing office: Hawkeye Commercial Real Estate
Location
- Street address
- 2225 Lincoln Way
- County
- Clinton County
- Zip code
- 52732
- Elevation
- 590 feet
Property details
- Acreage
- 1.69 acres73,616 sq ft
- Source
- SharpLaunch
- Posted
Parcels
- 23-8071870020
Resources
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 10, 2026 | New listing | $925,000 | — | SharpLaunch |
