2613 University Avenue
Dubuque, IA 52001

$1,950,000

  • 2
    Bathrooms
  • 3,924
    Square Feet

Available for purchase is the fully renovated, 100% occupied mixed-use investment property generating strong cash flow. Located at 2613 University Avenue, this exceptional asset underwent an extensive renovation and expansion in 2025, resulting in a high-quality, income-producing property with modern finishes, strong tenancy, and long-term growth potential. The centerpiece of the redevelopment was a substantial addition that created two full floors of beautifully finished retail and commercial space, complemented by a lower level currently occupied by a successful boutique clothing retailer. The quality of construction and level of finish...read more throughout the building are well above market standards, providing investors with a truly turnkey acquisition and minimal deferred maintenance. The property is anchored by a diverse mix of thriving tenants, including a salon, salon suites leased to independent beauty professionals, counselors, and ancillary medical providers, as well as a rapidly growing coffee shop whose sales continue to increase month after month. An additional opportunity exists for a buyer to acquire the coffee shop business separately, creating a unique chance to own both the real estate and an established, growing retail operation. Strong leases and a carefully curated tenant mix provide dependable income and consistent cash flow, making this a compelling investment opportunity for both local and out-of-market investors. The combination of stable tenancy, recent construction, and an 8.5% cap rate offers an attractive risk-adjusted return rarely found in assets of this quality. Situated along busy University Avenue, one of Dubuques primary east-west thoroughfares, the property benefits from exceptional visibility, traffic counts, and accessibility. Its location just blocks from the University of Dubuque further enhances demand and supports the long-term strength of the tenant base.

Property Highlights

  • Cooling

    Central Air

  • Heating

    Forced Air

  • Stories

    2.0 Stories

  • Water

    Public

  • Year Built

    Built in 1935

VIEW ALL FEATURES
Contact the Listing Agent

Let Us Help

Not finding what you are looking for?

Call or text

Let's Connect
Real estate agents ready to serve you | Browse homes and real estate for sale
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/26/2026. The listing information on this page last changed on 08/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 08/26/2026 2:46:58 PM EST) or MRED MLS (last updated Wed 08/26/2026 2:38:31 PM EST) or SCWMLS (last updated Wed 08/26/2026 2:44:18 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 08/26/2026 2:04:11 PM EST) or Cedar Rapids MLS (last updated Wed 08/26/2026 2:44:16 PM EST) or NEIRBR MLS (last updated Wed 08/26/2026 2:38:46 PM EST) or ICAAR MLS (last updated Wed 08/26/2026 2:37:42 PM EST) or ECIMLS (last updated Wed 08/26/2026 2:45:02 PM EST) or RMLSA (last updated Wed 08/26/2026 2:40:58 PM EST) or Muscatine MLS (last updated Wed 08/26/2026 2:45:32 PM EST) or No Coast MLS (last updated Wed 08/26/2026 2:44:25 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --
   Sitemap