Street Retail - 106 Musgrove St Clinton
Rare Owner-User or Investment Opportunity
Marketing description
Opportunities to acquire a downtown commercial building of this size are becoming increasingly rare, especially at this price point. Located in the heart of Historic Downtown Clinton, 106 Musgrove Street offers approximately 9,000 square feet of highly adaptable commercial space with the character, scale, and flexibility to accommodate a wide range of investment or owner-user strategies.
Whether your vision includes retail, restaurant, brewery, entertainment, professional offices, event space, residential lofts, mixed-use redevelopment, or a combination of uses, this property provides an exceptional foundation for bringing that vision to life. The expansive open floor plan allows for countless configuration options while preserving many of the architectural features that make historic downtown buildings so desirable.
The upper level showcases original hardwood floors hidden beneath the existing carpet along with classic pressed tin ceilings, offering an opportunity to restore the building's historic character while blending modern functionality. The main level features durable concrete flooring designed to withstand years of commercial use, complemented by large storefront display windows that provide abundant natural light and outstanding visibility along one of Clinton's primary downtown corridors.
Adding to its appeal, the property includes a basement apartment that offers the potential for supplemental rental income, caretaker housing, or additional office space. A full fire sprinkler system is already installed, and the newer roof helps reduce future capital expenditures, allowing a new owner to focus on maximizing the property's potential.
Downtown Clinton continues to experience steady revitalization through both public and private investment, creating increased demand for unique commercial spaces. The property's C-2 zoning supports a broad range of commercial uses, while potential Historic Rehabilitation and Bailey Bill incentives may provide significant financial benefits for qualified improvements. Buyers should verify eligibility with the City of Clinton.
Whether you're an investor seeking a value-add redevelopment opportunity, an entrepreneur looking to establish a flagship location, or a business owner searching for a distinctive headquarters, 106 Musgrove Street represents an opportunity to acquire one of downtown Clinton's largest commercial storefronts at an attractive entry price with tremendous long-term upside.
Investment highlights
- 9,000 SF Historic Downtown Commercial Building
- One of the Largest Storefront Buildings in Downtown Clinton
- Prime Main Street Location in the Heart of Clinton's Central Business District
- Flexible C-2 Zoning Accommodates a Wide Variety of Commercial Uses
- Excellent Value-Add Opportunity for Investors or Owner-Users
- Potential for Retail, Restaurant, Office, Entertainment, Mixed-Use, or Adaptive Reuse
- Basement Apartment Provides Opportunity for Additional Rental Income
- Expansive Open Floor Plan Allows Flexible Space Planning
- Large Storefront Display Windows Provide Outstanding Visibility and Natural Light
- Full Fire Sprinkler System Already Installed
- Newer Roof Reduces Near-Term Capital Expenditures
- Priced Below Comparable Properties, Offering Immediate Value Potential
- Eligible for Historic Rehabilitation Incentives Including the Bailey Bill Program (Buyer to Verify)
- Located in an Active Downtown Redevelopment Area with Ongoing Public and Private Investment
- Walking Distance to Local Restaurants, Retail, Government Offices, and Community Amenities
- Rare Opportunity to Acquire a Landmark Downtown Building with Long-Term Appreciation Potential
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?

