5865 Saratoga Rd - Office FOR SALE


Asbury, IA 52002
$1,600,000 USD
563-542-3519
5865 Saratoga Rd, Asbury, IA for Sale
$1,600,000 USD
Office - FOR SALE
1/13
null | Request Cap Rate

5865 Saratoga Rd
Asbury, IA 52002


HIGHLIGHTS

  • Additional 2-acre level lot included for development
  • Well maintained office space can be divided for multiple users or converted to retail
  • Great access in the center of Asbury adjacent to the city park, convenience store and schools

OVERVIEW

Available for purchase is a highly versatile commercial property located in the city center of Asbury, Iowa. This offering combines a well-maintained office building with adjacent redevelopment land, providing flexibility for owner-users, investors, or future expansion. The property is situated adjacent to the city park and offers strong visibility and convenient access. Building Details ±11,600 SF office building Existing professional office buildout in excellent condition Well-maintained MEP systems and interior finishes Layout includes: Private offices Small meeting rooms and large conference rooms Generous reception area Open workspaces Breakroom and restrooms Multiple egress points with some plumbing and metering already in place Potential to subdivide into multiple suites Garage space with overhead door Land / Redevelopment Opportunity ±2 acres included in the sale Existing drive-up building on site Ideal for redevelopment, expansion, or additional commercial uses Rare in-town land component with flexibility for future growth Location Highlights Adjacent to the city park in downtown Asbury Approximately 1 mile west of the NW Arterial and Asbury Plaza Easy access to the Dubuque metro area

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Dupaco

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.85 AC

LAND SF

124,146 SF

ZONING

C2 - General Commercial

APN/PARCEL ID

1020152006,1020152007

ASK ABOUT THIS PROPERTY

Steve DavisEquity Real Estate GroupMore Info
563-542-3519

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Steve DavisEquity Real Estate GroupMore Info
563-542-3519

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.