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40-44 Main St
Dubuque, IA 52001
Riverworks Dubuque · Multifamily Property For Sale
·
34 Units
PROPERTY FACTS
| No. Units | 34 | Lot Size | 1.06 AC |
| Property Type | Multifamily | Building Size | 43,365 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | B | Parking Ratio | 1.29/1,000 SF |
| Zoning | Residential | ||
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.06 AC |
| Building Size | 43,365 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | Residential |
AMENITIES
UNIT AMENITIES
- Fireplace
- Washer/Dryer
- Granite Countertops
- Stainless Steel Appliances
ABOUT 40-44 MAIN ST , DUBUQUE, IA 52001
Stabilized, turn-key investment Long-term rental sustainability Insulated economy Minimal leasing risk Condo quality finishes Access to Tristate employment Historic rehab Part of ongoing downtown redevelopment 100% leased (both commercial space and residential units) Riverworks is a mixed-use property located in the heart of downtown Dubuque. Consisting of 34 luxury apartments and 14,115 sf of street level retail, this turn-key investment offers condo quality finishes with 12 to 18 ft ceilings, granite countertops, and stainless steel appliances. Listed on the National Register of Historic Places, certified historic rehab of the property finished in 2011 offering top of the market apartments with best-in-class amenities including a rooftop deck overlooking the Mississippi River and outdoor grills. The property also features 3 first floor retail spaces, all fully occupied. The repurposing of Riverworks is part of the recent influx of capital flowing back into the downtown district of Dubuque. Experiencing a bourgeoning renewal, redevelopment of the area has been ongoing since 2002 with the addition of entertainment venues (Diamond Jo Casino, Q Casino, Alliant Energy Amphitheater), hospitality (Grand Harbor Resort & Waterpark, Hotel Julien, Holiday Inn), office (McGraw Hill), recreation (National Mississippi River Museum, Stone Cliff Winery), and bars and restaurants. Located at the intersection of the Iowa, Illinois, and Wisconsin borders, Dubuque functions as the major metro for seven nearby counties. With access to tristate employment, the area has recently seen an economic diversification evolving from what was once a purely manufacturing hub to now include healthcare, education, and financial services.
PROPERTY TAXES
| Parcel Number | 10-25-290-033 | Improvements Assessment | $5,145,900 |
| Land Assessment | $679,900 | Total Assessment | $5,825,800 |
PROPERTY TAXES
