101 1St AveDyersville, IA 52040

For Sale
$240,000

Downtown Dyersville, IA - 4 Units

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional mixed-use property, located at 101 1st Ave W in Dyersville, Iowa, presents a compelling investment opportunity. The 6,040 square foot building, constructed in 1890, sits on a 0.08-acre lot (APN 0731137009) and is zoned for commercial use. The property boasts four units, offering a blend of retail and residential income streams. The ground floor comprises two smaller commercial spaces, currently leased to a retail store and an auto shop. Upstairs, two two-bedroom apartments provide additional rental income. Both apartments offer attractive river views and are in good condition. The building is well-maintained, considering its age and historical significance. The asking price is $240,000, translating to $39.74 per square foot. This property is a rare find in the heart of Dyersville, offering a stable income stream and significant potential for future growth. The two-story structure is situated in Dubuque County, Iowa, with a convenient 52040 zip code. This turnkey investment is ready for a new owner to continue its success. The property's strong tenant occupancy and prime downtown location make it an attractive proposition for investors seeking a diversified portfolio.

Highlights

  • $240,000 asking price for a mixed-use property.
  • 6,040 square feet with a price per square foot of $39.74.
  • Four units total: two retail spaces and two two-bedroom apartments.
  • Located at 101 1st Ave W, Dyersville, IA 52040.
  • Two-story building constructed in 1890, situated on a 0.08-acre lot.
  • Fully leased with a mix of retail and residential tenants.

Property Details for 101 1St Ave

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
6,040 SF
Year Built
1890
Stories
2
Lot Size (sq. ft)
3,485 SF
Units
4

Location Insight

City
Dyersville
County
Dubuque
State
Iowa
Latitude
42.4843596
Longitude
-91.124603
101 1St Ave, Dyersville, Iowa

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101 1St Ave
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