Historic Inn & Suites
504 Bluff Street Dubuque Dubuque, IA 52001
504 Bluff Street Dubuque, Dubuque, IA, 52001
$899,000
For Sale
$899,000
Historic inn operates with 15 suites, each with a full bath, plus innkeeper's quarters.
Property Size7,940 SF
Price / SF$113.22
Days on Market23
Property Features for 504 Bluff Street Dubuque
General Information
- Standard status
- Active
- Size
- 7,940 SF
Building Details
- Year Built
- 1894
Listing agency
(563) 794-6040
Listed by
Phil Murawski
(563) 794-6040
Source
Exitdriftless
Added: Jun 30 Updated: Jul 21 at 6:30AM Checked: Jul 21 at 6:30AM
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 Phil Murawski
Investment Insights
Based on property information with market context.
This historic inn & suites property was built in 1894 and has been listed on the National Register of Historic Places since 1976. A complete restoration was completed in 1984. The property operates as an inn offering 15 suites, and each suite includes its own full bath. The offering also includes innkeeper's quarters.
The asset is located at 504 Bluff Street in Dubuque, Iowa. It has been operating as a hospitality business following the restoration.
For buyers looking for a boutique hospitality operation, this property provides a suite-based layout with dedicated in-suite bathrooms and additional on-site quarters for the innkeeper.
The asset is located at 504 Bluff Street in Dubuque, Iowa. It has been operating as a hospitality business following the restoration.
For buyers looking for a boutique hospitality operation, this property provides a suite-based layout with dedicated in-suite bathrooms and additional on-site quarters for the innkeeper.
Key Highlights
- Historic mansion built in 1894 by A.A. Cooper (founder of Cooper Wagon Works) in Dubuque, Iowa
- Operates as a historic Inn & Suites with 15 suites, each with a full bath
- Includes innkeeper's quarters and a full basement
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.1k | $15.00 |
| − Vacancy | −$17.9k | −$2.25 |
| EGI | $101.2k | $12.75 |
| − OpEx | −$53.1k | −$6.69 |
| NOI | $48.1k | $6.06 |
7,940 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$687.0K
$601.1K – $801.5K
NOI $48,087 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.55M
$1.35M – $1.80M
NOI $108,165 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Redstone Inn & Suites
Bed & Breakfast
Similar For Sale Nearby
FAQs
What type of property is this?
Hotel - Historic inn operates with 15 suites, each with a full bath, plus innkeeper's quarters.
Where is this hotel located?
The property is located at 504 Bluff Street Dubuque Dubuque, IA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Historic mansion built in 1894 by A.A. Cooper (founder of Cooper Wagon Works) in Dubuque, Iowa; Operates as a historic Inn & Suites with 15 suites, each with a full bath; Includes innkeeper's quarters and a full basement
