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Three-Story Brick Corner Building
For Sale
$650,000

1097 Jackson Street, Dubuque, IA 52001

COMMERCIAL - Dubuque, IA

Property Size4,620 SF
Price / SF$140.69
Days on Market359

Property Features for 1097 Jackson Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning PC
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Basement
Basement Full
Subdivision DUBUQUE AREA
Standard status Active
APN 1024477009
Size 4,620 SF

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1890
Floors in Building 3
Building materials Brick
Roof type Flat
Listing Agency: Remax Advantage · RE/MAX International
Listed By: David Sandman · License #S41715
Added: Aug 8, 2025 Changed: Jun 11 Last Checked: Aug 1 at 4:06PM
MLS# 152755

Copyright © 2026 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-story brick building, known as the Ludescher Building, offers distinct architectural detailing and a neighborhood corner commercial layout. The property features a new roof, tall ceilings, exposed brick walls, and a full basement. A bar on the main level remains, and there is also a walk-in cooler located in the back, supporting continued food-and-beverage use or conversion for another concept. The building includes approximately 1,892 SF on the main level and 1,364 SF each on the second and third floors.

Located in the Historic Millwork District at 1097 Jackson Street, the building sits on the corner of 11th and Jackson Streets. Zoned PC, it is positioned as a multi-level commercial property suited to owners or operators looking for a locally recognizable structure with character and redevelopment flexibility.

For buyers seeking a redevelopment project or an owner-operator space, the retained bar and walk-in cooler on the main level can reduce near-term buildout requirements for hospitality and related uses. With three floors plus a full basement, the property can support multiple income-producing layouts or a dedicated operational footprint while expanding usable space vertically.

Key Highlights

  • Three‑story brick building known as the Ludescher Building, located at the corner of 11th and Jackson Streets in the Historic Millwork District
  • New roof; exposed brick walls and tall ceilings
  • Commercial building with a full basement

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $61.0k $13.20
− Vacancy −$3.7k −$0.79
EGI $57.3k $12.41
− OpEx −$17.2k −$3.72
NOI $40.1k $8.69
4,620 SF · lease $13.20/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$899.1K
$786.7K – $1.05M (±1% cap)
NOI $62,937 @ 7.0% cap · market cap 9.68%
Second Best
Retail
$573.2K
$501.6K – $668.8K (±1% cap)
NOI $40,127 @ 7.0% cap · market cap 6.17%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick HVAC Service Electrical Service Locksmith (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,548
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52001, IA

43,572
Population
20,102
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
26.1 sq mi
ZIP Area
1,669
Density / Sq Mi
$60,882
Median Household Income
$35,571
Median Earnings
$916
Median Rent
$168,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • The Dungeon LTD. — 302 Locust St, Dubuque, IA 52001
  • Paul's Tavern — 176 Locust St, Dubuque, IA 52001
  • Monks — 373 Bluff St, Dubuque, IA 52001
  • First Reserve Whiskey Bar — 210 W 1st St, Dubuque, IA 52001
  • Wicked Dame — 214 W 1st St, Dubuque, IA 52001

Frequently Asked Questions

What type of property is this?
Bar & Pub - Redevelopment-ready corner building with a retained main-level bar, full basement, and three distinct floors of usable space.
Where is this bar & pub located?
The property is located at 1097 Jackson Street Dubuque, IA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three‑story brick building known as the Ludescher Building, located at the corner of 11th and Jackson Streets in the Historic Millwork District; New roof; exposed brick walls and tall ceilings; Commercial building with a full basement
More about this property
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