Clarinda, IA Homes between $450,000 and $500,000

Clarinda, IA Homes between $450,000 and $500,000 for Sale

104 N 16th, Clarinda
$450,000
6342569 MLS
Garrison House — For Sale Two Ways to Acquire This Established Restaurant & Lodging Business Garrison House offers a rare opportunity to step into a proven, profitable operation in two flexible structures, depending on the buyer's goals: Option 1 — Restaurant Business Only: $150,000 Acquire the turnkey restaurant operation — including established food, beverage, retail, and catering revenue streams — while leasing the building from the seller. This path is ideal for an operator who wants to step directly into a running, profitable business without the capital outlay of real estate ownership. The restaurant alone generated $220,997 in total income and $138,716 in gross profit through August 2026, with $29,717 in net ordinary income for full-year 2025. Option 2 — Total Sale (Business + Real Estate): $450,000 For a buyer looking to own both the operation and the property outright, the complete package includes the restaurant business, the building, and the integrated lodging operation (B&B and Airbnb income). This structure offers full control — no landlord relationship, direct ownership of the real estate, and the ability to capture both restaurant and lodging income streams (combined 2025 revenue of $276,487) under one roof. Why This Flexibility Matters Whether you're an operator looking to grow into ownership over time, or an investor seeking a full turnkey acquisition, Garrison House's dual-option structure lets you choose the path that fits your capital position and l

104 N 16th, Clarinda

Listing courtesy of with Thomas Realty

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Clarinda, Iowa Homes between $450,000 and $500,000

Dreaming of owning a beautiful home in the charming town of Clarinda, Iowa? If you're looking for homes between $450,000 and $500,000 for sale, Clarinda offers a wonderful selection of properties with stunning features and curb appeal. Enjoy the peace and quiet of small-town living while still having access to local amenities and a welcoming community. Explore the possibilities and find your perfect forever home in Clarinda!

Discover the unique charm of real estate in Clarinda, Iowa! Whether you're seeking a spacious family home or a luxurious retreat, you'll find exceptional value in this price range. Let us help you navigate the market and uncover the hidden gems that await. Begin your search for homes between $450,000 and $500,000 for sale today and experience the joy of calling Clarinda home.

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