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Two-Story Office Building
For Sale
$135,000

1202 W 3RD Street, Davenport, IA 52802

C-2 zoning, basement storage, and on-site parking add functional flexibility for office occupancy.

Property Size4,818 SF
Price / SF$28.02
Days on Market53

Property Features for 1202 W 3RD Street

General Information

Standard status Active
Size 4,818 SF
Elevators No
Property subtype Commercial
Zoning C-2

Taxes and HOA fees

Annual Taxes $17,188

Building Details

Building Size 4,818 SF
Year Built 1920
Buildings 1
Stories 2
Listing Agency: Hawkeye Commercial Real Estate
Listed By: Shawn Stuenkel · License #S67977000/475.189483
Source: Jjillrealtygroup
Added: Jul 8 Changed: Aug 29 Last Checked: Aug 25 at 9:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hawkeye Commercial Real Estate

Investment Insights

Based on property information with market context.

Built in 1920, this two-story office property contains 4,818 SF above grade and an additional 1,683 SF basement area designated for storage. The building occupies a corner lot and is configured for office use, with mixed-use redevelopment also identified as a potential direction. There is no elevator, an important consideration for users evaluating the existing layout.

The property is located in Downtown Davenport at 1202 W 3RD Street. C-2 zoning supports the stated commercial positioning, while parking is available on the north side of the lot with access from Marquette St. The combination of office improvements, basement storage, corner positioning, and existing parking provides a defined base for continued office occupancy or future repositioning.

Key Highlights

  • 4,818 SF two‑story office building built in 1920
  • Additional 1,683 SF basement storage area
  • C‑2 zoning

Property Analytics

Current Use

T R Video (Bike/Boat/Book/etc) Store Jon Backstrom Counselor Lisa Balk Counselor Annemarie Chambliss Counselor

Suggested Use

Top Pick Real Estate Agency Pharmacy Auto Parts Store Electrical Service Skin Care Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby

Demographics for 52802, IA

9,967
Population
4,379
Households
2.3
Avg Household Size
39
Median Age
8%
College-Educated
84%
High-School Grad
10.4 sq mi
ZIP Area
958
Density / Sq Mi
$50,850
Median Household Income
$31,250
Median Earnings
$978
Median Rent
$84,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - C-2 zoning, basement storage, and on-site parking add functional flexibility for office occupancy.
Where is this office building located?
The property is located at 1202 W 3RD Street Davenport, IA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 4,818 SF two‑story office building built in 1920; Additional 1,683 SF basement storage area; C‑2 zoning
More about this property
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