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1735 Central Ave 5,244 SF Vacant Retail Building Dubuque, IA 52001 $350,000 ($66.74/SF)

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INVESTMENT HIGHLIGHTS

  • Fully rented
  • Full basement
  • Well maintained and updated

EXECUTIVE SUMMARY

Investor Alert! Fully rented mixed use brick income property with one commercial space and four residential apartments. This is a well maintained and updated property that any investor should be proud to own. Commercial space address is 1735 Central Ave. Apartments are (3) 1 Bedroom, (1) 2 Bedroom and addresses are 1736 Heeb St #1 and #2 and 1738 Heeb St. #1 and #2. There are 5 electrical services, 5 water meters, and 2 gas meters. Commercial tenant pays $950 month rent and all utilities and has gas forced air furnace and central air. Apartment rents are $850, $675, $800, $800 and tenants pay own electrical, water, sewer, and garbage. Owner pays residential units gas and heat which is served by a hot water boiler. There are washer and dryer hookups in the apartments, tall ceilings on all floors, and a full basement. Free on street parking behind the building on Heeb St and on street metered parking in front.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
5,244 SF
Year Built
1888
Price
$350,000
Price Per SF
$66.74
Percent Leased
Vacant
Building Height
3 Stories
Building FAR
2.76
Lot Size
0.04 AC
Zoning
C-4 - Downtown Commercial

AMENITIES

  • Air Conditioning
Walk Score®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

UMB Bank
CrossFit
US Bank
Champs Chicken
Tony Roma's
Jazzercise

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-24-252-025
Land Assessment
$15,400 (2025)
Improvements Assessment
$200,600 (2025)
Total Assessment
$216,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 37807096

  • Date on Market: 9/24/2025

  • Last Updated:

  • Address: 1735 Central Ave, Dubuque, IA 52001

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