1108 Locust St

1108 Locust St , Dubuque, Iowa, 52001 | 3,952 sq.f | $ 455,000

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About This Restaurant

Investment Highlights

Located downtown 3rd floor luxury studio apartment 1st and 2nd floor restaurant

Executive Summary

Outstanding building with successful restaurant and bar business for sale. Located in the heart of downtown this 3 story building is zoned C-4 and was completely rehabilitated in 2008 and again updated in 2018. First floor and second floor features turn key restaurant with seating, full bar, and 3 ADA bathrooms. There is a beautiful balcony on the main floor, deck and patio in the rear, and a screened in terrace on the 2nd floor. Seating for 90 people inside and additional 40-50 outside. The commercial kitchen and walk in cooler are in the lower level. Lower level also features washer and dryer, storage, office, employee bathroom, and walks out to back patio. The third floor is a luxury studio apartment perfect for AirBnb or VRBO rental which features include wood floors, granite counters, custom cabinetry, large bathroom with tile shower, washer and dryer, and rooftop deck with view of the city. Too many updates and details to list here. Call or email for more info.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail Retail General Retail Restaurant Retail
  • Building Size    3,952
  • Building Class    C
  • Year Built/Renovated    1900/2018
  • Price    455,000
  • Price Per SF    115
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    3 Stories
  • Building FAR    1.81
  • Land Acres    0.05 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Corner Lot
  • Fireplace
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Roof Terrace
  • Storage Space
  • Air Conditioning
  • Balcony

Nearby Amenities & Transportation

Retail US Bank
Retail CrossFit
Retail Tony Roma's
Retail Hy-Vee
Retail Starbucks
Retail Ymca
Retail Fazoli's
Retail Champs Chicken
Retail Blimpie
Retail Jazzercise

Property Taxes

Parcel Number 10-24-454-007 Improvements Assessment $8,400
Land Assessment $347,000 Total Assessment $355,400
Date Created: 2024-07-16 04:13:37 Last Updated: 2024-07-16 04:13:37
Address: 1108 Locust St , Dubuque, Iowa, 52001