Iconic site with a long and rich history for sale in downtown Dubuque. Lot One has been improved with $2.1 million in infrastructure including new sewer, electric, water, gas systems, and first floor bar with beautifully crafted woodwork by Smith Home Gallery & Cabinet Works (2002). In 2006 the sellers added a full commercial kitchen and in 2012 a custom-built bar on the second floor. This five-story cornerstone currently boasts a bar/restaurant area on the first floor, the second floor offers an area for private parties with a private bar and commercial kitchen, floors three, four, and five are ready for development. The sellers have blueprint plans for apartments available by request. Imagine the possibilities on the rooftop with its sweeping views of the Mississippi River and downtown! Nestled in the vibrant cultural and business hub of Dubuque, Lot One is in extremely close proximity to specialty shops, dining, live music, entertainment, art, gift shops, and more. This is where Dubuque started. This remarkable site was the first lot established in Dubuque in 1835, predating Iowa’s statehood! A full outline of Lot One’s abundant history is located in the documents section. Whether you're looking to expand your hospitality portfolio, launch a signature venue, or develop luxury condos or residential units, Lot One offers unmatched potential wrapped in over 190 years of Dubuque heritage. Video Tour: https://vimeo.com/1080046511
| Listing Id: | 154540 |
|---|---|
| List Price: | $990,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Commercial |
| Status: | Active |
| Bathrooms Full: | 3 |
| Waterfront?: | No |
| City: | Dubuque |
| County Or Parish: | Dubuque |
| Postal Code: | 52001 |
| Year Built: | 1919 |
| Basement: | true |
| Basement: | Full |
| Heating: | Forced Air |
| Bathrooms Total Integer: | 3 |
| Building Area Total: | 12,540 |
| State Or Province: | IA |
| Electric: | 400 Amps |
| Cooling: | Central Air |
| Construction Materials: | Brick |
| Flooring: | Concrete, Wood |
| Foundation Details: | Concrete Perimeter |
| Listing Contract Date: | 2026-05-02 |
| Parcel Number: | 1025282009 |
| Original List Price: | $1,250,000 |
| Frontage Type: | Other |
| MLS Area Major: | Dubuque Area |
| Roof: | Rubber |
| Water Source: | Public |
| Sewer: | Public Sewer |
| Possible Use: | Retail, Office, Restaurant, Bar/Tavern/Lounge, Multi-Family, Special Purpose, Other |
| Lot Size Dimensions: | 0.06 |
| Other Equipment: | Sprinkler |
| Listing Terms: | Cash |
| Stories: | 5 |
| Possession: | Immediate, Agreed |
| Auction Yn: | No |
| Electric Provider: | Alliant |
| Fuel Type: | Gas |
| Gas Source: | Natural Gas |
| Ground Line Doors: | None |
| Office Sq Ft: | 12,540 |
| Other Sq Ft: | 12,540 |
| Raised Docks: | None |
| Resident Sq Ft: | 12,540 |
| Retail Sq Ft: | 12,540 |
| In Foreclosure: | No |
| In Foreclosure: | No |
Listing Courtesy of: DBQ Property Group Inc.
Listing Agent: Nancy Kann
563-580-7257
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East Central Iowa AOR data last updated on October 08, 2026 04:31 PM - CT.
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Property Last Updated: October 08, 2026 04:31 PM - CT
