5th At Adams St Dubuque, IA 52001

This exceptional 0.89-acre commercial land parcel presents a unique investment opportunity in the heart of Dubuque, Iowa. Located at E 5th at Adams Street, this property boasts a PC Planned Commercial zoning designation, offering a wide range of potential development options (refer to the Zoning Ordinance for specific permitted uses). The land itself is generally level to rolling terrain. Its strategic location places it in close proximity to key attractions and amenities, including the National Mississippi River Museum & Aquarium, Diamond Jo Casino, Grand River Center, and Grand Harbor Resort, as well as the historic downtown area. The property is also situated near railroad tracks, providing convenient access to transportation networks. The City of Dubuque is seeking proposals for either a cash purchase with a minimum bid of $692,169 or a long-term lease with a minimum annual rent of $83,060 (subject to an annual cost-of-living adjustment, with a maximum lease term of 25 years). Prospective buyers or lessees are responsible for conducting all necessary due diligence, including surveys, testing, inspections, and investigations. The property is sold "as is, where is, with all faults." Proposals must include a detailed description of the intended use, a comprehensive redevelopment budget, information on the development team's qualifications and experience, and a thorough explanation of the bidder's project completion and maintenance history, including at least two project references. All proposals will undergo review by City staff before being presented to the Dubuque City Council. The property's APN is 10-25-239-001 and is located in Dubuque County, Iowa, zip code 52001.