5865 Saratoga Road Asbury, IA 52002 • Commercial - Retail • ACTIVE $1,600,000

Description

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.

Property Highlights