Property summary
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
VerifiedCap rate & NOI
Current use
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Business Networking Company
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Telecommunications Service
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IT Consulting Firm (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CI · Dubuque, IAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for CI in Dubuque, IA.
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