Light Industrial zoned property (refer to the excerpt from Zoning Ordinance for particular uses), level to rolling, near Hwy 20, 52, 61/151. City of Dubuque MINIMUM terms is for cash sale minimum of $785,495, or a long-term lease minimum of $94,259 per year (plus annual COL adjustment, max 25-year lease). 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 Listing Broker, and are sold AS IS WHERE IS WITH 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 proposals and purchase agreements should be submitted through the Listing Broker to the City of DubuqueEconomic Development Department. Check out possible City incentives at https://www.cityofdubuque.org/2802/Programs-Incentives
Yard Space Details
- Limited to standard working hours
Requirements and Considerations for Rental
The 1.01-acre lot will be available after the building is demolished by the owner, which is included in the price. The City of Dubuque (owner) requires a gateway development building on this site. It is located along Highways 52/61/151 linked to Illinois and Wisconsin, and has access to major new projects in the area. Zoned Light Industrial. The lease may be up to 25 years, with renewal options. Check out ECIAMLS Listing # 14039 for more information. Real estate commission will be paid on up to five years of commission.