Amber Bruce
Description
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.
Property Highlights
Property Type: Commercial - Investment
Building Description: 2.0 stories
Lot Size: 1.69 acres
General Information
County: Clinton
Listed By:
Hawkeye Commercial Real Estate
563-344-4295
MRED MLS
MLS ID: 12697602
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2225 Lincoln Way , Clinton, IA 52732.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $925,000 | $925,000 | $925,000 |
| Down Payment | $185,000 | $32,375 | $231,250 |
| Monthly Mortgage Amount | $4,496 | $5,519 | $5,715 |
| Taxes | $1287 | $1287 | $1287 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $555 | $0 |
| Monthly Estimated Total | $6,053 | $7,631 | $7,272 |
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