Turnkey Neighborhood Coffee
For Sale
$200,000
2613 University Ave, Dubuque, IA 52001
Turnkey coffee shop with FF&E included, offering interior seating and a dedicated pickup window for mobile and pre-orders.
Property Size896 SF
Price / SF$223.21
Days on Market48
Property Features for 2613 University Ave
General Information
Standard status
Active
Size
896 SF
Additional Details
Business Included
Yes
Building Details
Year Built
1935
Listing Agency:
Equity Real Estate Group LLC
Listed By:
Steve Davis · License #B66573000
(270) 779-7234
Source:
Kwlegacyrealty
Added: Jul 20
Changed: Aug 31
Last Checked: Sep 4 at 8:55AM
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
Investment Insights
Based on property information with market context.
This turn-key neighborhood coffee shop includes the complete business operation along with furniture, fixtures, and equipment (FF&E) needed to continue operations from day one. The space is described as having a clean, contemporary aesthetic with an interior seating environment, supplemented by a dedicated pickup window for mobile and pre-orders.
The business is located at 2613 University Avenue in a highly visible commercial corridor. The property benefits from easy access and strong daily traffic counts along this primary east-west route, and is positioned just blocks from the University of Dubuque.
The sale is offered as a business opportunity, with the included FF&E designed to support ongoing day-to-day service in both seating and grab-and-go formats.
The business is located at 2613 University Avenue in a highly visible commercial corridor. The property benefits from easy access and strong daily traffic counts along this primary east-west route, and is positioned just blocks from the University of Dubuque.
The sale is offered as a business opportunity, with the included FF&E designed to support ongoing day-to-day service in both seating and grab-and-go formats.
Key Highlights
- Dubuque coffee shop located at 2613 University Avenue on a busy east‑west commercial corridor
- Turn‑key business sale includes the complete operating business plus furniture, fixtures, and equipment (FF&E)
- Includes interior seating area and a dedicated pickup window for mobile and pre‑orders
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,206
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$244,120
$244.1K
Cap Rate 7%
$174,371
$174.4K
Cap Rate 9%
$135,622
$135.6K
Market Conditions
NOI Build-Up for 896 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$17.0K $18.96/SF
− Vacancy
−$714 −$0.80/SF
EGI
$16.3K $18.16/SF
− OpEx
−$4.1K −$4.54/SF
NOI
$12.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$244,120
Cap Rate 7%
$174,371
Cap Rate 9%
$135,622
Alternative Uses
Best Use
Specialty Retail
$174.4K
$152.6K – $203.4K
NOI $12,206 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Well-served
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
Questions? Ask Rey
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Similar Off Market Nearby
- Herbalife On Track Nutrition — 2600 Dodge St NW3, Dubuque, IA 52003
- Starbucks — 2620 Dodge St, Dubuque, IA 52003
- Sylvia's — 2105 Grace St, Dubuque, IA 52001
- Magoo's Brew — 1895 University Ave, Dubuque, IA 52001
- Bob & Lou's Coffee — 1895 University Ave, Dubuque, IA 52001
Frequently Asked Questions
What type of property is this?
Coffee shop - Turnkey coffee shop with FF&E included, offering interior seating and a dedicated pickup window for mobile and pre-orders.
Where is this coffee shop located?
The property is located at 2613 University Ave Dubuque, IA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Dubuque coffee shop located at 2613 University Avenue on a busy east‑west commercial corridor; Turn‑key business sale includes the complete operating business plus furniture, fixtures, and equipment (FF&E); Includes interior seating area and a dedicated pickup window for mobile and pre‑orders
