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    1734 Washington St Davenport, IA 52804

    Sponsored
    For Sale
    $169,000

    Prime Davenport location, high traffic, strong rental income.

    Property size:
    5,896 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This 5,896 square foot commercial building at 1734 Washington Street in Davenport, IA, presents a fantastic investment opportunity. Situated on a 0.21-acre lot, this well-built block building boasts high visibility from Locust Street, a major thoroughfare with an estimated 23,000 vehicles passing daily. The property features concrete stairs at both the front and rear. A long-term tenant currently occupies a portion of the main level, generating a consistent monthly rental income of $1,800. This tenant, who has been in place for 20 years, desires to remain. The remaining main level space is currently vacant, offering significant potential for additional rental income or owner-use. The upper level is also vacant and ready for finishing, providing further expansion or rental opportunities. The building's location is highly desirable, with nearby businesses including Taco Bell and NW Bank. The motivated seller is offering financing options for a period of three years. This property offers a compelling combination of existing income, significant upside potential, and a prime location in a busy commercial area. Make an offer today!

    Property Features for 1734 Washington St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,896 SF
    Lot Size
    9,148 SF

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Hometown Cash Advance Loan Agency MoneyGram Money Transfer Service BOMBSHELL BEAUTY SUPPLY ... Beauty Supply Store ONLINE INDUSTRIES Internet Marketing Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5966
    Latitude
    41.53781

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Davenport location, high traffic, strong rental income.
    Where is this commercial real estate located?
    The property is located at 1734 Washington St Davenport, IA.
    What is the asking price?
    The asking price for this property is $169,000.
    Request Owner's contact information
    1734 Washington St Davenport, IA 52804
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    Davenport, IA 52804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1734 Washington St Davenport, IA 52804
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