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Investment Highlights
- 9,000 SF Historic Downtown Commercial Building
- Prime Main Street Location in a Revitalizing Downtown District
- Basement Apartment with Additional Income Potential
- One of the Largest Storefront Buildings in Downtown Clinton
- Flexible C-2 Zoning Supporting Numerous Commercial Uses
- Value-Add Investment or Owner-User Opportunity
Executive Summary
Rare opportunity to acquire one of the largest historic commercial storefront buildings in Downtown Clinton. Offering approximately 9,000 square feet across two levels, 106 Musgrove Street presents exceptional potential for investors, developers, or owner-users seeking a distinctive property with significant upside. The flexible floor plan and C-2 zoning support a wide variety of potential uses, including retail, restaurant, office, entertainment, event space, mixed-use redevelopment, residential lofts, or adaptive reuse. The building features large storefront display windows, expansive open interior spaces, a full fire sprinkler system, a newer roof, and a basement apartment offering the potential for additional rental income.
Positioned in the heart of Clinton's revitalizing downtown district, the property is surrounded by local businesses, restaurants, government offices, and a growing mix of commercial activity. Historic character, impressive scale, and prominent street presence combine to create a redevelopment opportunity rarely available in today's market. Potential Historic Rehabilitation incentives, including the Bailey Bill Program, may provide meaningful financial benefits for qualified improvements. Buyers should verify eligibility with the City of Clinton.
Whether you're expanding your investment portfolio, launching a flagship business location, or redeveloping a landmark downtown property, 106 Musgrove Street offers outstanding value, flexibility, and long-term appreciation potential at an attractive purchase price.
Positioned in the heart of Clinton's revitalizing downtown district, the property is surrounded by local businesses, restaurants, government offices, and a growing mix of commercial activity. Historic character, impressive scale, and prominent street presence combine to create a redevelopment opportunity rarely available in today's market. Potential Historic Rehabilitation incentives, including the Bailey Bill Program, may provide meaningful financial benefits for qualified improvements. Buyers should verify eligibility with the City of Clinton.
Whether you're expanding your investment portfolio, launching a flagship business location, or redeveloping a landmark downtown property, 106 Musgrove Street offers outstanding value, flexibility, and long-term appreciation potential at an attractive purchase price.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,088 SF
Building Class
C
Year Built
1900
Tenancy
Single
Building Height
1 Story
Building FAR
0.87
Lot Size
0.13 AC
Zoning
C-2 - Central Commercial District
Parking
6 Spaces (1.18 Spaces per 1,000 SF Leased)
Frontage
57’ on Musgrove St
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Adore Home Furniture LLC
- -
- -
- $5.90
- Triple Net
- Jun 2030
- Elaines on the Square
- -
- -
- -
- -
- -
- Jitter's Cafe
- Retailer
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Adore Home Furniture LLC | - | - | $5.90 | Triple Net | Jun 2030 | |
| Elaines on the Square | - | - | - | - | - | |
| Jitter's Cafe | Retailer | - | - | - | - |
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 901-05-10-008 | Improvements Assessment | $18,570 |
| Land Assessment | $1,800 | Total Assessment | $20,370 |
Property Taxes
Parcel Number
901-05-10-008
Land Assessment
$1,800
Improvements Assessment
$18,570
Total Assessment
$20,370
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