Smokestack 62 E 7th St 12,972 SF 41% Leased Retail Building Dubuque, IA 52001 $685,000 ($52.81/SF)

“The Smokestack” Offered at $685,000 Located at the edge of Dubuque’s vibrant and highly sought-after Millwork District, and just minutes from the Port of Dubuque and Historic Main Street, The Smokestack at 62 E 7th Street is truly a one-of-a-kind opportunity. Situated in an Opportunity Zone in Downtown Dubuque, this iconic and eclectic entertainment venue blends historic charm with modern functionality. The Smokestack features an in-house bar and restaurant, full commercial kitchen, expansive deck area, and a stunning rooftop lounge offering panoramic views of the city. Exposed brick walls create a rustic industrial ambiance, while the thoughtfully designed layout includes a full stage, state-of-the-art computerized digital mixing board and sound system, green room for talent, office space, ample storage, four bathrooms, and some off-street parking. The entire building has been fully updated to meet code compliance, including a full sprinkler system, handicap lift, walk-in cooler, new water and sewer lines, newer mechanical systems, and updated electrical service. This is a true turn-key opportunity, with bar equipment, kitchen equipment, and furniture included in the sale. Enhancing the investment appeal, the property includes an opportunity to purchase an adjacent second building at 653 White Street also available and offered at $290,000, offering additional income potential. Discount pricing if both buildings are purchased together is $965,000. Between the two buildings is a spacious courtyard/garden area, perfect for outdoor gatherings and events. With its high-traffic location and established presence, The Smokestack is primed for continued success as an entertainment venue, restaurant, or event space.