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Smokestack 62 E 7th St 12,972 SF 41% Leased Retail Building Dubuque, IA 52001 $934,504 CAD ($72.04 CAD/SF)



Investment Highlights
- Courtyard area between the 2 buildings
- Fully updated to meet code compliance
- Rooftop space
Executive Summary
“The Smokestack” Offered at $685,000 Located at the edge of Dubuque’s vibrant and highly sought-after Millwork District, and just minutes from the Port of Dubuque and Historic Main Street, The Smokestack at 62 E 7th Street is truly a one-of-a-kind opportunity. Situated in an Opportunity Zone in Downtown Dubuque, this iconic and eclectic entertainment venue blends historic charm with modern functionality. The Smokestack features an in-house bar and restaurant, full commercial kitchen, expansive deck area, and a stunning rooftop lounge offering panoramic views of the city. Exposed brick walls create a rustic industrial ambiance, while the thoughtfully designed layout includes a full stage, state-of-the-art computerized digital mixing board and sound system, green room for talent, office space, ample storage, four bathrooms, and some off-street parking. The entire building has been fully updated to meet code compliance, including a full sprinkler system, handicap lift, walk-in cooler, new water and sewer lines, newer mechanical systems, and updated electrical service. This is a true turn-key opportunity, with bar equipment, kitchen equipment, and furniture included in the sale. Enhancing the investment appeal, the property includes an opportunity to purchase an adjacent second building at 653 White Street also available and offered at $290,000, offering additional income potential. Discount pricing if both buildings are purchased together is $965,000. Between the two buildings is a spacious courtyard/garden area, perfect for outdoor gatherings and events. With its high-traffic location and established presence, The Smokestack is primed for continued success as an entertainment venue, restaurant, or event space.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
12,972 SF
Building Class
B
Year Built
1900
Price
$934,504 CAD
Price Per SF
$72.04 CAD
Percent Leased
41%
Building Height
2 Stories
Building FAR
0.90
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
C-4 - Downtown Commercial
Amenities
- Courtyard
- Restaurant
- Roof Terrace
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-25-228-007 | Improvements Assessment | $259,206 CAD |
| Land Assessment | $159,616 CAD | Total Assessment | $418,822 CAD |
Property Taxes
Parcel Number
10-25-228-007
Land Assessment
$159,616 CAD
Improvements Assessment
$259,206 CAD
Total Assessment
$418,822 CAD
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Smokestack | 62 E 7th St
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