Office Space with Large Front
For Sale
$79,900
1520 Central Ave, Dubuque, IA 52001
Office space for sale featuring large front windows, an open floor plan, and newer flooring and lighting.
Property Size572 SF
Price / SF$139.69
Days on Market97
Property Features for 1520 Central Ave
General Information
Standard status
Active
Size
572 SF
Building Details
Year Built
1900
Listing Agency:
Equity Real Estate Group LLC
Listed By:
Team Dolter .
(563) 542-6829
Source:
Kwlegacyrealty
Added: Jul 19
Changed: Oct 9
Last Checked: Oct 20 at 11:12PM
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 Equity Real Estate Group LLC
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Investment Insights
Based on property information with market context.
This commercial office space offers an open floor plan and large front windows. The interior includes newer flooring and updated lighting, supporting a clean, move-in-ready look for a small office user.
The property is positioned on a busy street, with good visibility and foot traffic based on the provided remarks.
Measuring 572 SF, the layout is well-suited for businesses seeking a straightforward, front-window-forward office presentation.
The property is positioned on a busy street, with good visibility and foot traffic based on the provided remarks.
Measuring 572 SF, the layout is well-suited for businesses seeking a straightforward, front-window-forward office presentation.
Key Highlights
- Commercial office space with 572 SF
- Large front windows and an open floor plan
- Newer flooring and lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,747
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$54,940
$54.9K
Cap Rate 7%
$39,243
$39.2K
Cap Rate 9%
$30,522
$30.5K
Market Conditions
NOI Build-Up for 572 SF
Gross rent
$4.8K $8.40/SF
− Vacancy
−$1.1K −$2.00/SF
EGI
$3.7K $6.40/SF
− OpEx
−$916 −$1.60/SF
NOI
$2.7K $4.80/SF
Area
Dubuque County, IA
Vacancy
23.77%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$54,940
Cap Rate 7%
$39,243
Cap Rate 9%
$30,522
Alternative Uses
Best Use
Office B
$39.2K
$34.3K – $45.8K
NOI $2,747 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$111.3K
$97.4K – $129.9K
NOI $7,792 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,434
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Office space for sale featuring large front windows, an open floor plan, and newer flooring and lighting.
Where is this office unit located?
The property is located at 1520 Central Ave Dubuque, IA.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Commercial office space with 572 SF; Large front windows and an open floor plan; Newer flooring and lighting
