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Est. payment /mo
49,080 SqFt
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Key Details
Property Type Commercial
Sub Type COMMERCIAL
Listing Status Active
Purchase Type For Sale
Square Footage 49,080 sqft
Price per Sqft $0
MLS Listing ID 153765
Year Built 1922
Property Sub-Type COMMERCIAL
Property Description
Premier Corporate Headquarters | Multi-Tenant Commercial | Rehabilitation and Developer Potential A rare opportunity to acquire a meticulously maintained, high-quality Class A former corporate headquarters building located in the heart of Downtown Dubuque, at the prominent corner of Central Avenue and 14th Street. This iconic three-story, approximately 49,000 square foot property offers exceptional flexibility for an owner/user or developer, with potential redevelopment options including multi-tenant office, commercial, historic preservation, mixed-use, multi-family conversion, condominiums, and more. Extensive zoning uses further enhance the property's long-term value. The property development is supported by extensive zoning uses and possible city incentives. 1398 Central Avenue showcases a grand main-floor lobby, ornate architectural elements throughout, masonry and marble details, generous ceiling heights, three passenger elevators, and original bank vaults. Existing furnished office, conference rooms and open workstation areas are throughout. The second floor was extensively updated in 2018/2019. The building is move-in ready while also offering strong repositioning or redevelopment potential. The property is ideally situated within walking distance of Downtown Dubuque's dining, retail, entertainment, and amenities, along a major thoroughfare with excellent visibility and access. Onsite parking plus additional adjacent parcels provide a unique opportunity for multiple tenants and users. Sale Structure Flexibility: The offering may include some or all of the associated parcels and parking, or select parcels may be sold separately. The total number of parcels, parking spaces, and ancillary improvements included in the sale will depend on the final deal structure. Pricing is subject to configuration and terms and will vary based on which parcels and parking areas are included.
Location
State IA
County Dubuque
Area Dubuque Area
Zoning C-4
Interior
Heating Forced Air, Other
Cooling Central Air
Flooring Other
Exterior
Roof Type Rubber
Others
Acceptable Financing Cash
Listing Terms Cash
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Listed by DBQ Property Group Inc.
Nearby Locations
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