Multi-Use Commercial Building in
3350 Center Grove Drive Dubuque, IA 52003
3350 Center Grove Drive, Dubuque, IA, 52003
$670,000
For Sale
$670,000
COMMERCIAL - Dubuque, IA
Property Size8,100 SF
Price / SF$82.72
Days on Market101
Property Features for 3350 Center Grove Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C3
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 20
- Standard status
- Active
- APN
- 1027303010
- Size
- 8,100 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1927
- Floors in Building
- 2
- Flooring type
- Concrete
- Building materials
- Stucco
- Roof type
- Rubber
Listing Agency
Remax Advantage
(563) 588-3078
4029 Pennsylvania, Dubuque, IA
Listed by
The Adams Team . · License #IL, WI
(563) 590-2016
Added: Apr 10 Checked: Jul 19 at 6:06 am
MLS# 154335
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 multi-use commercial building in Dubuque, Iowa, offers over 8,100 square feet of space. The property is zoned C3 and features two commercial/retail spaces, a large commercial space with a showroom, offices, and some warehouse area, as well as one completely remodeled 3-bedroom apartment. The building is in excellent condition, with an updated exterior featuring Dryvit. Updates include newer electrical systems and updated HVAC. The property benefits from high visibility and a multi-space marquee sign, with approximately 7,500 cars passing by daily.
Key Highlights
- High‑traffic location: Approximately 7500 cars pass by daily, offering EXCELLENT VISIBILITY
- Multi‑use commercial building: Features 2 commercial/retail spaces, a large commercial space with showroom/offices/warehouse, and a remodeled 3‑bedroom apartment.
- Substantial space: Over 8100 sq. ft. of total space.
Local Financial Insights For Mixed Use
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 | $106.9k | $13.20 |
| − Vacancy | −$12.8k | −$1.58 |
| EGI | $94.1k | $11.62 |
| − OpEx | −$35.3k | −$4.36 |
| NOI | $58.8k | $7.26 |
8,100 SF · lease $13.20/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$1.01M
$879.4K – $1.17M
NOI $70,353 @ 7.0% cap · market cap 10.50%
Second Best
Mixed Use
$840.1K
$735.1K – $980.1K
NOI $58,806 @ 7.0% cap · market cap 8.78%
Theoretical Best
Specialty Retail
$1.58M
$1.38M – $1.84M
NOI $110,344 @ 7.0% cap · market cap 16.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Abundant Wellness Center ...
Gym & Fitness Center
The Joy Of Photography
Photography Service
Truly Balanced Chiropractic ...
Alternative Medicine Practice
Elaine Soat LMT, ...
Alternative Medicine Practice
Personal & Business Credit ...
Financial Advisor
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FAQs
What type of property is this?
Mixed-use property - Multi-use commercial building with retail, office, warehouse, and apartment.
Where is this mixed-use property located?
The property is located at 3350 Center Grove Drive Dubuque, IA.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: High‑traffic location: Approximately 7500 cars pass by daily, offering **EXCELLENT VISIBILITY**; Multi‑use commercial building: Features 2 commercial/retail spaces, a large commercial space with showroom/offices/warehouse, and a remodeled 3‑bedroom apartment.; Substantial space: Over 8100 sq. ft. of total space.
