Remarks

Now available for purchase is a dynamic commercial property immersed in the heart of Asbury, Iowa. This accumulation of two parcels offers an 11,600 sq ft building with existing office build out, a two-acre parcel with flat grade with 800 sq ft drive-up structure and a combined 76 parking spaces on hard surface lot with four total ingress/egress points to Saratoga Road. The office building has been very well maintained and updated to include MEP and finishes (carpet, walls, ceiling tiles are all in really great shape). The current office buildout includes private offices, small meeting spaces, larger conference rooms, generous reception area, restrooms, breakroom along with open workspaces. The turn-key space could easily allow for the next user with a simple rebranding or the layout would also allow for the space to be divided into multiple units with some plumbing and metering already being in place. Garage space with overhead door is a bonus and the building is fully sprinklered. The drive-up parcel is a flat grade and zoning for many potential uses. The structure itself has a restroom and canopy in good condition if the new owner desires to make use of the existing improvement. The site would be ideal for redevelopment with excellent proximity to the schools, city park, and the 8500 VPD Asbury Road connector. The site is located one-mile west of the NW Arterial and Asbury Plaza. Asbury is home to significant residential growth on the west side of the Dubuque metro area and the surrounding demographics offer exceptional median incomes, home values and consist largely of young, growing families. Property to be sold as vacant following move-out and decommissioning of the current credit union space in October 2024.

Details

MLS#: 149926
Price: $2,340,000

Style: COMMERCIAL
Baths Full: 2
Sq Ft: 12395
Year Built: 1992

County: Dubuque
Lot Size: 1214125