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Mixed-Use Bar and Restaurant Building
For Sale
$1,250,000

100 Main St, Dubuque, IA 52001

Five-story downtown building features a first-floor bar-restaurant, commercial kitchen, and private party space.

Property Size12,540 SF
Price / SF$99.68
Days on Market94

Property Features for 100 Main St

General Information

Standard status Active
Size 12,540 SF

Additional Details

Utilities to Site Yes

Amenities

bar
commercial kitchen
private party area

Building Details

Year Built 1919
Stories 5
Listing Agency: DBQ Property Group Inc.
Listed By: Nancy Kann
Source: Kwlegacyrealty
Added: Jul 20 Changed: Oct 10 Last Checked: Oct 7 at 3:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DBQ Property Group Inc.

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Investment Insights

Based on property information with market context.

This five-story cornerstone building includes a bar/restaurant area on the first floor, with second-floor space designed for private parties and a private bar plus commercial kitchen. The property was improved with $2.1 million in infrastructure, including new sewer, electric, water, and gas systems, and it features crafted woodwork in the original first-floor bar area. A full commercial kitchen was added in 2006, with a custom-built bar added on the second floor in 2012. Floors three through five are ready for development, and blueprint plans for apartments are available by request.

The property is located in downtown Dubuque at 100 Main St and is described as being in extremely close proximity to specialty shops, dining, live music, entertainment, and art.

The building’s existing hospitality configuration supports both public-facing use on the first floor and private-party operations on the second floor, while upper floors offer a development path for additional uses as reflected in the available plans.

Key Highlights

  • 1919 five‑story downtown Dubuque building with bar/restaurant space on the first floor
  • First floor includes a commercial kitchen and second‑floor custom‑built bar
  • Second floor offers private party space with a private bar and commercial kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,594
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,491,880 $1.5M
Cap Rate 7%
$1,065,629 $1.1M
Cap Rate 9%
$828,822 $828.8K
Market Conditions
NOI Build-Up for 12,540 SF
Gross rent
$112.9K $9.00/SF
− Vacancy
−$6.3K −$0.50/SF
EGI
$106.6K $8.50/SF
− OpEx
−$32.0K −$2.55/SF
NOI
$74.6K $5.95/SF
Area
Dubuque County, IA
Vacancy
5.58%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,491,880
Cap Rate 7%
$1,065,629
Cap Rate 9%
$828,822

Alternative Uses

Best Use
Specialty Retail
$2.44M
$2.14M – $2.85M (±1% cap)
NOI $170,829 @ 7.0% cap · market cap 13.67%
Second Best
Industrial
$1.07M
$932.4K – $1.24M (±1% cap)
NOI $74,594 @ 7.0% cap · market cap 5.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick HVAC Service Electrical Service Daycare Center Garden Center (Bike/Boat/Book/etc) Store Storage Facility

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,599
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Starbucks — 400 S Locust St, Dubuque, IA 52003
  • Hy-Vee Market Grille — 400 S Locust St, Dubuque, IA 52003
  • Wahlburgers @ Hy-Vee — 400 S Locust St, Dubuque, IA 52003
  • The Sage Room — 30 s main st, dubuque, ia 52003
  • Southend Tap — 55 Locust St, Dubuque, IA 52001

Frequently Asked Questions

What type of property is this?
Bar & Pub - Five-story downtown building features a first-floor bar-restaurant, commercial kitchen, and private party space.
Where is this bar & pub located?
The property is located at 100 Main St Dubuque, IA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1919 five‑story downtown Dubuque building with bar/restaurant space on the first floor; First floor includes a commercial kitchen and second‑floor custom‑built bar; Second floor offers private party space with a private bar and commercial kitchen
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