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Improved Mixed-Use Land for Sale in Asbury, Iowa

Dubuque County, Asbury, IA 52002

$1,600,000
2.85 acres
Active
$300k drop
Est $9,826/mo

Available for purchase is a highly versatile commercial property located in the heart of Asbury, Iowa, offering a rare combination of a well-maintained office building and adjacent redevelopment land. Positioned next to the city park, the property benefits from strong visibility, easy access, and a central in-town location. The primary structure consists of an approximately 11,600 SF office building featuring a functional and modern buildout. The space has been well cared for and updated, with MEP systems and interior finishes--including carpet, walls, and ceiling tiles--in excellent condition. The current layout includes private offices, small meeting rooms, larger conference rooms, a welcoming reception area, restrooms, breakroom, and open workspaces. The building is truly turn-key for a professional office user and also offers flexibility for subdivision into multiple suites, with some plumbing, metering, and multiple egress points already in place. A garage area with an overhead door provides additional utility and storage options. Also included in the offering is an approximately 2-acre parcel with an existing drive-up building, presenting a strong opportunity for redevelopment, expansion, or additional commercial uses. The property is conveniently located just one mile west of the NW Arterial and Asbury Plaza, providing quick access to the broader Dubuque metro area. Asbury continues to experience significant residential growth, supported by strong demographics that include above-average median household incomes, home values, and a high concentration of young, growing families--making this an ideal location for office, medical, or service-oriented users.

11,600
Sq feet
3
Full baths
1992
Built

Location

Community
Dubuque Area
Elevation
928 feet
Coordinates
42.5093, -90.7581

Property details

Acreage
2.85 acres
Zoning
C
MLS #
DMLS 149926
Posted

Parcels

  • 1020152006
  • 1020152007

Details and features

Listing

Type
Commercial Sale

Exterior

Parking Spaces
76
Parking
Paved or Surfaced

Structure

Heating
Forced Air
Cooling
Central Air
Roof
Rubber

Interior

Rooms
Bathroom x 3
Flooring
Concrete

Listing history

DateEventPriceChangeSource
Jan 27, 2026Price drop$1,600,000$300,000 -15.8%DMLS
June 25, 2025Price drop$1,900,000$440,000 -18.8%DMLS
Mar 22, 2025New listing$2,340,000DMLS
Oct 22, 2024Listing removed$2,340,000Listing agent
July 25, 2024New listing$2,340,000DMLS
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This 2.85-acre property is located in Asbury, IA 52002. The property is available for sale for $1,600,000. It has a 11,600 sq ft structure built in 1992.

Checked 1 hour ago — Updated

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