Jones Street Dubuque, IA 52001

This property is zoned PC Planned Commercial, with level to rolling terrain. The City of Dubuque's minimum terms include a cash sale of $1,617,653 or a long-term lease at $194,118 per year, with an annual Cost of Living (COL) adjustment, for a maximum 25-year lease. The property is sold AS IS WHERE IS WITH ALL FAULTS, and the bidder is responsible for all surveys, testing, inspections, or investigations of the property, as well as other due diligence in bidding. Proposals should include the proposed purchase price or first-year rent, a description of the proposed use/reuse of the property, a redevelopment budget, the names, addresses, background, qualifications, experience, and expertise of the bidder's development team with similarly sized developments, the name, address, and telephone number of a contact person for the bidder, and an explanation of the bidder's history of completing and maintaining projects, including a minimum of two project references. All proposals will be reviewed by City staff for a recommendation to the Dubuque City Council. Four copies of all submissions and purchase agreements should be submitted through the Listing Broker to the City of Dubuque Economic Development Department. The property has a lot size of 2.08 acres. City incentives may be available.