$610,000

Unique mixed-use redevelopment opportunity just one block from Dubuque’s Historic Millwork District! This versatile 3-story property includes two parcels and offers multiple possibilities for an owner-user, investor, or developer. The first floor provides commercial space, while the second floor features a beautifully renovated 3-bedroom apartment. The commerical space is leased mtm for $1100, the second floor unit is rented for $1800 a month. The third floor offers additional value-add potential and is ready for renovation. Blueprints are available for a proposed third-floor residential unit and a 2-car garage. The property also offers four off-street parking spaces. Improvements include a sprinkler system, air conditioning, and additional updates. Redevelopment incentive opportunity: The property may qualify for City of Dubuque programs, including the Downtown Rehabilitation Grant, which currently offers a 1:1 match of up to $35,000 per qualifying tax parcel. The property is also located within the Dubuque Urban Revitalization Area and may qualify for property-tax incentives on eligible improvements. See Associated Documents for program information. Buyer to independently verify eligibility and available funding. Property is not located within a historic district, providing additional flexibility for future improvements. Seller is a licensed Realtor in the State of Iowa.