101 W 1St Ave Dyersville, IA 52040
For Sale
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This exceptional mixed-use property, located at 101 1st Ave W in Dyersville, Iowa, presents a compelling investment opportunity. The 6,040 square foot building, constructed in 1890, sits on a 0.08-acre lot (APN 0731137009) and is zoned for commercial use. The property boasts four units, offering a blend of retail and residential income streams. The ground floor comprises two smaller commercial spaces, currently leased to a retail store and an auto shop. Upstairs, two two-bedroom apartments provide additional rental income. Both apartments offer attractive river views and are in good condition. The building is well-maintained, considering its age and historical significance. The asking price is $240,000, translating to $39.74 per square foot. This property is a rare find in the heart of Dyersville, offering a stable income stream and significant potential for future growth. The two-story structure is situated in Dubuque County, Iowa, with a convenient 52040 zip code. This turnkey investment is ready for a new owner to continue its success. The property's strong tenant occupancy and prime downtown location make it an attractive proposition for investors seeking a diversified portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CO · Dyersville, IANo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.