# 104 N 16th, Clarinda, IA 51632

> **TL;DR:** residential multi family, $450,000 ($93/sqft), built 1900, 4,820 sqft. Est. $2,406/mo. Listed 48 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Price/sqft | $93 |
| Square Feet | 4,820 |
| Year Built | 1900 |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 48 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,275 |
| Estimated Insurance | $131 |
| **Total** | **$2,406** |

## Property Highlights

- Built in 1900
- 2 stories

## Description

### Agent Description
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

## Location

- **Address:** 104 N 16th, Clarinda, IA 51632
- **County:** Page
- **Coordinates:** 40.738542, -95.038242
- **Google Maps:** https://www.google.com/maps?q=40.738542,-95.038242

## Listing Agent

- **Name:** Charles Thomas
- **Brokerage:** Thomas Realty
- **Broker Phone:** 712-542-6325
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/104-N-16th-St_Clarinda_IA_51632_M92797-59453?f=listhub&s=NCMLSIA&m=6342569&c=propsimple)

## Photos

![104 N 16th - Photo 1](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f987529947r.jpg)

![104 N 16th - Photo 2](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f576225287r.jpg)

![104 N 16th - Photo 3](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f1803662010r.jpg)

![104 N 16th - Photo 4](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f2378854612r.jpg)

![104 N 16th - Photo 5](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f3971722464r.jpg)

![104 N 16th - Photo 6](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f1633115679r.jpg)

![104 N 16th - Photo 7](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f957887108r.jpg)

![104 N 16th - Photo 8](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f2067987946r.jpg)

![104 N 16th - Photo 9](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f596389899r.jpg)

![104 N 16th - Photo 10](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f771055694r.jpg)

![104 N 16th - Photo 11](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f1019197321r.jpg)

![104 N 16th - Photo 12](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f2063667482r.jpg)

![104 N 16th - Photo 13](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f3491210926r.jpg)

![104 N 16th - Photo 14](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f988646801r.jpg)

![104 N 16th - Photo 15](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f2862117306r.jpg)

![104 N 16th - Photo 16](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f3403154384r.jpg)

![104 N 16th - Photo 17](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f1306766028r.jpg)

![104 N 16th - Photo 18](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f4188433298r.jpg)

![104 N 16th - Photo 19](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f3811322203r.jpg)

![104 N 16th - Photo 20](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f3241842533r.jpg)

![104 N 16th - Photo 21](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f2530246196r.jpg)

![104 N 16th - Photo 22](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f1151858731r.jpg)

![104 N 16th - Photo 23](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f3426529949r.jpg)

![104 N 16th - Photo 24](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f2300229316r.jpg)

![104 N 16th - Photo 25](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f3479647897r.jpg)

![104 N 16th - Photo 26](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f2260771345r.jpg)

![104 N 16th - Photo 27](http://lh.rdcpix.com/7954b24ff84e92373b74e6bbb4786384l-f3285574872r.jpg)

---

**MLS#:** 6342569 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/104-n-16th-clarinda-ia-51632-2d54826a5aea4e1fa1eb972749642947)

---

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