1838 Central Ave
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1838 Central Ave
5,584 SF 100% Leased Retail Building Dubuque, IA 52001 £308,285 (£55/SF) 9.59% Net Initial Yield
Investment Highlights
- Completely renovated in 2018 to include utility lines in the street
- Ongoing strong demand for residential space in the neighborhood
- Fully-leased commercial and residential
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,584 SF
Building Class
C
Year Built/Renovated
1900/2019
Price
£308,285
Price Per SF
£55
Net Initial Yield
9.59%
NOI
£29,573
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
2.14
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
C4 Downtown Commercial
Walk Score ®
Very Walkable (87)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 10-24-256-005 | Improvements Assessment | £40,687 |
Land Assessment | £14,632 | Total Assessment | £55,319 |
PROPERTY TAXES
Parcel Number
10-24-256-005
Land Assessment
£14,632
Improvements Assessment
£40,687
Total Assessment
£55,319
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1838 Central Ave
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