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Three-Story Office Building with Marble Details
For Sale
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1398 Central Avenue, Dubuque, IA 52001

Commercial Sale, Dubuque, IA

Property Size49,000 SF
Days on Market267

Property Features for 1398 Central Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-4
Bathrooms 10
Full bathrooms 10
Rooms Bathroom 1, Bathroom 4, Bathroom 7, Bathroom 9, Bathroom 6, Bathroom 5, Basement, Bathroom 3, Bathroom 8, Bathroom 2, Bathroom 10
Parking 148
Basement Full
Subdivision DUBUQUE AREA
Standard status Active
APN 6 parcels. See comments

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

grand main-floor lobby
ornate architectural elements
original bank vaults

Building Details

Year built 1922
Floors in Building 3
Building materials Block
Roof type Rubber
Listing Agency: DBQ Property Group Inc.
Listed By: Nancy Kann
Added: Jan 20 Changed: Oct 7 Last Checked: Oct 14 at 1:06AM
MLS# 153765

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 approximately 49,000-square-foot office building rises three stories and retains a substantial collection of architectural features, including masonry and marble finishes, generous ceiling heights, a prominent lobby, three passenger elevators, and original bank vaults. Furnished offices, conference rooms, and open workstation areas are distributed throughout the property. The second floor underwent extensive updates in 2018/2019, while forced-air heating, central air, a rubber roof, public water, and public sewer support the existing improvements.

Located at 1398 Central Avenue in Downtown Dubuque, the property occupies the corner of Central Avenue and 14th Street along a major thoroughfare. Dining, retail, entertainment, and other downtown amenities are within walking distance. C-4 zoning and the building’s configuration support consideration of multi-tenant office, commercial, historic preservation, mixed-use, multifamily conversion, and condominium concepts, subject to applicable approvals.

Key Highlights

  • Approximately 49,000 square feet across three stories
  • Second floor extensively updated in 2018/2019
  • Three passenger elevators, original bank vaults, marble, and masonry details

Property Analytics

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Current Use

DB&T Insurance Inc. Insurance Agency

Suggested Use

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

1,560
Businesses Nearby

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
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Former corporate headquarters with furnished offices, conference rooms, elevators, and flexible multi-tenant or redevelopment potential.
Where is this office building located?
The property is located at 1398 Central Avenue Dubuque, IA.
What are key features of this property?
This property features: Approximately 49,000 square feet across three stories; Second floor extensively updated in 2018/2019; Three passenger elevators, original bank vaults, marble, and masonry details
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