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333 E 10th Street, Dubuque, IA
333 E 10th Street
Dubuque, IA 52001
$25,000,000 Sale
MLS #149047
The Novelty Iron Works complex provides a stabilized mixed-use investment with additional conversion opportunity. Located in Dubuque, Iowa's Historic Millwork District, this accumulation of four parcels contained within a full city block is a dynamic adaptive reuse property that allows for plenty of room for adding value post-acquisition. Originally built for the manufacture of steam engines, a portion of the property was completely renovated in 2014 to its current modern industrial design. It now boasts 76 residential units, 13+ individual commercial spaces, an 80-space surface parking lot and approximately 98,000 sq. ft. of vacant space across five floors ready for conversion. The fully-leased residential apartment dwellings range from affordable efficiencies to 2500+ sq. ft. luxury executive suites. The commercial spaces are anchored by long-term tenants including Backpocket Brewery & Arcade and an 8000 sq ft event center - one of the most sought-after venues in the area. In aggregate, the commercial spaces enjoy ongoing vacancy rates of less than 5%. The available conversion space offers several dedicated exterior access points, existing shared elevator and has already been retrofitted with new windows & some mechanicals creating good value-add investment opportunity. Dubuque, Iowa is located on the Upper Mississippi River at the border of both Wisconsin & Illinois and is a regional hub of tourism with the nearby Field of Dreams baseball complex, multiple casinos with entertainment venues and is a favorite stop for travelers on American Cruise Lines and Viking Mississippi river cruises.
1142 University Avenue, Dubuque, IA
1142 University Avenue
Dubuque, IA 52001
$260,000 Sale
MLS #148970
Check out this prime commercial opportunity located at 1142 University Avenue in Dubuque, IA! With an exceptional location that has high visibility and accessibility, this property is ideal for a wide range of businesses, and it comes with a bonus two-bedroom rental unit on the second floor that could be an owner occupied unit or an additional income generator to help offset costs. Key Features: Strategic Location: Situated on University Avenue, one of midtown Dubuque's busiest thoroughfares, this property ensures maximum exposure to both vehicular and pedestrian traffic. Versatile Space: The property has a spacious, open interior layout that offers flexibility for various business types such as retail, office space, hair/nail salon, child care, food service, or other service-oriented ventures. Ample Parking: There is parking conveniently located at the rear of the property off of Forest Lane for customers and employees. Amenities: Although the space has many potential uses, the previous owner did build an addition at the rear of the commercial space with a kitchen in mind. It has been plumbed and has had conduit run accordingly. Two handicapped accessible bath spaces have also been added to the commercial space. Proximity to Amenities: Being in close proximity to other businesses, residential areas, and amenities such as restaurants, shops, and entertainment venues helps foster a healthy neighborhood commercial environment. High-Visibility Signage: Prominent signage opportunities available, allowing businesses to effectively market their brand and attract customers. Accessibility: Convenient access to major transportation routes and public transit options are a convenience for customers and/or employees. Don't miss out on this exceptional opportunity to establish or expand your business in a thriving commercial environment. Reach out today to schedule a viewing and set your goals in motion!
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