Clinton, IA 52732
$925,000

Mark Quesada
Broker / Owner
LIC #475144827
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.
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$6,827/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Max Gellerman, Hawkeye Commercial Real Estate
MLS# MRD12697602 · Active
$133,000
Median sale price
45 days
Avg days on market
Closed sales in 52732 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
Interior
Construction
Lot & parking
History reflects records reported to the MLS and may be incomplete.