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This exceptional 12.66-acre mixed-use property, located at 201 E 5th St in Dubuque, Iowa, presents a unique redevelopment opportunity. The site, zoned PC Planned Commercial, offers 551,470 square feet of potential development space, currently vacant land. Its strategic location near Adams St and Ice Harbor Drive, east of the railroad tracks and north of 5th Street, provides excellent visibility and accessibility. The asking price is $9,846,910, translating to $17.86 per square foot. The property is being sold "as is, where is, with all faults," and potential buyers are responsible for all due diligence, including surveys, testing, and inspections. Prospective buyers should be prepared to submit a comprehensive proposal outlining their proposed use, redevelopment budget, team qualifications, and project history, including at least two references. The City of Dubuque will review proposals and make a recommendation to the City Council. This property is perfect for a variety of uses, including executive office space, restaurants, and shopping centers, as permitted by the PC Planned Commercial zoning. Further details on permitted uses can be found in the Zoning Ordinance. The irregular shape of the lot presents a unique challenge and opportunity for creative development. Interested parties should explore potential city incentives available through the City of Dubuque Economic Development Department.
Highlights
$9,846,910 asking price for 12.66 acres of mixed-use land.
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