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    207 2Nd St Davenport, IA 52801

    For Sale
    $780,000

    Multi-tenant investment opportunity, 10,692 sq ft.

    Property size:
    10,692 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional three-story commercial building, located at 207 E 2nd Street in the heart of Davenport, IA, presents a compelling investment opportunity. Spanning 10,692 square feet on a 0.15-acre lot, the property boasts three established tenants, ensuring a steady income stream. The building is conveniently served by an elevator, providing easy access to all three floors. A shared parking lot, accessible from the alley, offers ample parking for tenants and their clients. This prime downtown location provides excellent visibility and accessibility, making it an ideal investment for those seeking a stable and potentially appreciating asset. The building's multi-tenant structure mitigates risk and offers diversification. Further details, including financial information and tenant lease agreements, are available upon execution of a Confidentiality Agreement. This is a rare opportunity to acquire a well-established commercial property in a thriving downtown area. Serious inquiries only. The asking price for this exceptional investment property is $780,000.

    Property Features for 207 2Nd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,692 SF
    Lot Size
    6,534 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.57223
    Latitude
    41.52118

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    FAQs

    What type of property is this?
    Commercial real estate - Multi-tenant investment opportunity, 10,692 sq ft.
    Where is this commercial real estate located?
    The property is located at 207 2Nd St Davenport, IA.
    What is the asking price?
    The asking price for this property is $780,000.
    Request Owner's contact information
    207 2Nd St Davenport, IA 52801
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    Davenport, IA 52801
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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
    207 2Nd St Davenport, IA 52801
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