Property profile

703 Blf St Dubuque, IA 52001

OFF-MARKET
Investment properties
Property ID
US25-0378184
2,974 SF 0.05 ac lot Built 1896
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This historic three-story building, constructed in 1896, presents a unique mixed-use investment opportunity in Dubuque, Iowa. Located at 703 Bluff Street, this property boasts a total of three units: one commercial/retail space and two residential apartments. The building sits on a 2,200 square foot lot and is zoned for both commercial and residential use, offering flexibility for future development. Currently, the property enjoys full occupancy, with the office space renting for $695 per month, and the apartments renting for $675 and $595 per month respectively. The current owner is open to leasing the office space and providing a lease agreement to the new buyer, further enhancing the immediate cash flow potential. This property is ideally situated near Washington Park and the business district, offering convenient access to amenities and a vibrant community. The APN is 1025207023. This represents a compelling opportunity to acquire a piece of Dubuque's history and establish a strong, income-generating asset. The building's prime location and existing rental income make it an attractive addition to any investment portfolio or a perfect starting point for a new investor.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1896
Total area 2,974 SF
Lot 0.05 ac (2,200 SF)
Zoning code CI
APN 10-25-207-023
UPID US25-0378184

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Business Networking Company
  • Telecommunications Service
  • IT Consulting Firm (Bike/Boat/Book/etc) Store

Location

703 Blf St Dubuque, IA 52001-4605
Dubuque metro Census 702 DUBUQUE, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

CI · Dubuque, IA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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