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$ 4,083,020
Est. payment | /mo
5.25 Acres Lot
$ 4,083,020
Est. payment | /mo
5.25 Acres Lot
Key Details
Property Type Commercial
Sub Type COMMERCIAL LOTS
Listing Status Active
Purchase Type For Sale
MLS Listing ID 140224
Lot Size 5.250 Acres
Property Description
This is a Commercial Recreation zoned property (refer to the excerpt from Zoning Ordinance for particular allowed uses), level to rolling, near railroad tracks, Lock and Dam #11, AY McDonald Park for boat access, and Dubuque Marina. City of Dubuque MINIMUM terms is for a cash sale minimum of $4,083,020 or a long-term lease minimum of $489,962 per year (plus annual COL adjustment, max 25-year lease). The bidder is responsible for all surveys, testing, inspections, or investigation of the property and other due diligence in bidding. No representations are made by the City of Dubuque and or the Listing Broker and are sold AS IS, WHERE IS, WITH ANY AND ALL FAULTS. Proposals should include 1. proposed purchase price or first-year rent, 2. description of proposed use/reuse of the property, 3. redevelopment budget, 4. names, addresses, background, qualifications, experience, and expertise of Bidder's development team with similarly sized developments; 5. name, address, and telephone number of contact person for Bidder, and 6. explanation of Bidder's history of completing and maintaining projects, including a minimum of two project references. All proposals will be reviewed by City staff so a recommendation may be made to Dubuque City Council. Four copies of all submissions and purchase agreements should be submitted through the Listing Broker to the City of Dubuque Economic Development Department. Check out possible City incentives at https://www.cityofdubuque.org/2802/Programs-Incentives.
Location
State IA
Area Dubuque Area
Exterior
Utilities Available Cable, Electric, Gas, Other, Phone, Sewer, Water
Schools
Elementary Schools Marshall
Middle Schools Jefferson Jr High
High Schools S. Hempstead
Listed by Bob Felderman Realty & Photography
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Brokerage | License ID: 42732