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5865 Saratoga Rd Asbury, IA 52002

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Prime Asbury location, 11,600 sq ft, 2.85 acres

Property size:
11,600 SF

Property Features for 5865 Saratoga Rd

General Information

Property type
Banks
Square Feet
11,600 SF
Lot Size
124,146 SF

Building Details

Year Built
1992
Buildings
2
Stories
1
Units
2

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Listing Contact
Steve Davis, Ccim
Steve Davis, Ccim

Listing Agency: Equity Real Estate Group Listing Agent: Steve Davis, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This mixed-use property in Asbury, Iowa, offers a unique redevelopment opportunity. The 11,600-square-foot building, constructed in 1992, features a well-maintained office build-out including private offices, meeting spaces, conference rooms, a reception area, restrooms, a breakroom, and open workspaces. The existing layout is easily adaptable for multiple tenants or a single user. Plumbing and metering are already in place for potential subdivision. A bonus garage space with an overhead door is included, and the building is fully sprinklered. The property also includes a separate 2.85-acre lot with an 800-square-foot drive-up structure, restroom, and canopy. This flat, level lot offers multiple access points and is zoned for various uses. The combined property boasts 76 parking spaces and four ingress/egress points on Saratoga Road. Located one mile west of the NW Arterial and Asbury Plaza, this site benefits from excellent proximity to schools, a city park, and the high-traffic Asbury Road connector. Asbury's strong demographics, including high median incomes and home values, and significant residential growth make this an attractive investment. The property will be vacant upon the current tenant's move-out in October 2024. The asking price is $2,340,000 ($150/sq ft), with land valued at $4/sq ft. The property includes two buildings on two parcels (APN: 1020152006, 1020152007) and is zoned C.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Banks

Suggested Use

Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Asbury
County
Dubuque
State
Iowa
Longitude
-90.7577494
Latitude
42.5093758

FAQs

What type of property is this?
Bank - Prime Asbury location, 11,600 sq ft, 2.85 acres
Where is this bank located?
The property is located at 5865 Saratoga Rd Asbury, IA.
What is the asking price?
The asking price for this property is $2,340,000.
What are key features of this property?
This property features: Adaptable existing office building suitable for multi-tenant office or retail conversion.; Level, easily accessible lot ideal for redevelopment with multiple points of entry.;
(563) 542-3519 Call to check price and availability
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