10 S Main Street Dubuque, IA 52001

This property consists of land intended for light industrial use, situated near the bridge to Illinois, Highway 52, Highway 20, and Highway 151/61. The land is zoned for light industrial purposes, with specific uses outlined in the Zoning Ordinance. The terrain varies from level to rolling. The City of Dubuque's minimum terms include a cash sale of $785,495 or a long-term lease at $94,259 per year, subject to an annual Cost of Living (COL) adjustment, with a maximum lease term of 25 years. Prospective bidders are responsible for conducting all surveys, testing, inspections, or investigations of the property, along with other due diligence requirements. The City and Listing Broker offer no representations, and the property is sold AS IS, WHERE IS, WITH ALL FAULTS. Proposals should include the proposed purchase price or first-year rent, a description of the proposed use/reuse of the property, a redevelopment budget, the names, addresses, background, qualifications, experience, and expertise of the bidder's development team with similarly sized developments, the name, address, and telephone number of a contact person for the bidder, and an explanation of the bidder's history of completing and maintaining projects, including a minimum of two project references. All proposals will be reviewed by City staff before a recommendation is made to the Dubuque City Council. Four copies of all submissions and purchase agreements should be submitted through the Listing Broker to the City of Dubuque Economic Development Department. Information on possible City incentives is available at https://www.cityofdubuque.org/2802/Programs-Incentives. The property size is 32637 square feet.