Riverfront Restaurant and
For Sale
$2,440,000
1630 E 16th Ext, Dubuque, IA 52001
Restaurant and excursion operation with access by both vehicle and boat along the Mississippi River.
Property Size5,568 SF
Price / SF$438.22
Days on Market456
Property Features for 1630 E 16th Ext
General Information
Standard status
Active
Size
5,568 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Building Details
Year Built
2005
Listing Agency:
Equity Real Estate Group, LLC
Listed By:
Troy Timmerman · License #8537094
(608) 778-8224
Source:
Viewhomesinwisconsin
Added: Jul 18, 2025
Changed: Oct 1
Last Checked: Oct 14 at 11:35PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,568-square-foot restaurant and bar property was built in 2005 and is being offered with an established river cruise ship excursion business. The operation includes dining, beverage, and cruise-related components at a riverfront site on the Mississippi River.
Located at 1630 E 16th Ext in Dubuque, Iowa, the property can be reached by vehicle or boat. The business has operated for more than 20 years and serves both local and tourist traffic. The offering combines a physical restaurant property with an excursion operation in a single riverfront setting.
Located at 1630 E 16th Ext in Dubuque, Iowa, the property can be reached by vehicle or boat. The business has operated for more than 20 years and serves both local and tourist traffic. The offering combines a physical restaurant property with an excursion operation in a single riverfront setting.
Key Highlights
- 5,568‑square‑foot restaurant and bar property
- Built in 2005
- Includes a river cruise ship excursion business
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,852
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,517,040
$1.5M
Cap Rate 7%
$1,083,600
$1.1M
Cap Rate 9%
$842,800
$842.8K
Market Conditions
NOI Build-Up for 5,568 SF
Gross rent
$105.6K $18.96/SF
− Vacancy
−$4.4K −$0.80/SF
EGI
$101.1K $18.16/SF
− OpEx
−$25.3K −$4.54/SF
NOI
$75.9K $13.62/SF
Area
Dubuque County, IA
Vacancy
4.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,517,040
Cap Rate 7%
$1,083,600
Cap Rate 9%
$842,800
Alternative Uses
Best Use
Specialty Retail
$1.08M
$948.2K – $1.26M
NOI $75,852 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant and excursion operation with access by both vehicle and boat along the Mississippi River.
Where is this conventional restaurant located?
The property is located at 1630 E 16th Ext Dubuque, IA.
What is the asking price?
The asking price for this property is $2,440,000.
What are key features of this property?
This property features: 5,568‑square‑foot restaurant and bar property; Built in 2005; Includes a river cruise ship excursion business
