1398 Central Avenue Dubuque, IA 52001

Located in the heart of Downtown Dubuque, at the prominent corner of Central Avenue and 14th Street, this meticulously maintained, high-quality Class A former corporate headquarters building offers approximately 49,000 square feet of space. The three-story property offers flexibility for an owner/user or developer, with potential redevelopment options including multi-tenant office, commercial, historic preservation, mixed-use, multi-family conversion, and condominiums. The property development is supported by extensive zoning uses and possible city incentives. Previously occupied as a bank, 1398 Central Avenue showcases a grand main-floor lobby, ornate architectural elements throughout, masonry and marble details, generous ceiling heights, three passenger elevators, and original bank vaults. Existing furnished office, conference rooms and open workstation areas are throughout. The second floor was extensively updated in 2018/2019. The building is move-in ready while also offering strong repositioning or redevelopment potential. The property is ideally situated within walking distance of Downtown Dubuque’s dining, retail, entertainment, and amenities, along a major thoroughfare with excellent visibility and access. Onsite parking plus additional adjacent parcels provide a unique opportunity for multiple tenants and users. All associated parcels include parking and a storage garage totaling up to 148 parking spaces, with certain parcels featuring billboard income. Billboard revenue currently includes approximately $100/month on one parcel and an average of $30–$40/month on another. The underground conditioned walkway connected to 1398 Central Avenue is included with the sale of the building.