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Historic Mixed-Use Condominium Space
New
For Sale
$1,195,000

131 W 2nd Street #1A, Davenport, IA 52801

Two-floor commercial condominium offering restaurant, office, and event configurations with elevator access.

Property Size20,801 SF
Price / SF$57.45
Days on Market3

Property Features for 131 W 2nd Street #1A

General Information

Standard status Active
Size 20,801 SF
Elevators Yes
Property subtype Commercial

Additional Details

Floor 1 and 2
Office Units 2

Taxes and HOA fees

Annual Taxes $9,628

Building Details

Building Size 20,801 SF
Year Built 1887
Buildings 1
Listing Agency: NAI Ruhl Commercial Company
Listed By: Pete Hadjis · License #475188914
Source: Allinonerealestateco
Added: Aug 12 Changed: Aug 13 Last Checked: Aug 13 at 5:27AM

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 NAI Ruhl Commercial Company

Investment Insights

Based on property information with market context.

The offering combines two condominium levels within a historic downtown building completed in 1887. The approximately 5,099 SF first-floor space is arranged for restaurant and lobby use, while the approximately 15,702 SF second floor includes office and event or venue areas. Elevator access connects the floors, and the combined offering totals approximately 20,801 SF.

The property is at 131 W 2nd Street in downtown Davenport, within walking distance of the Mississippi River, hotels, restaurants, bars, entertainment venues, and the Skybridge district. Adjacent parking options and downtown accessibility support a range of commercial configurations, including office, entertainment, creative, hospitality, mixed-use, and owner-occupant concepts.

Key Highlights

  • Approximately 20,801 SF across combined first- and second‑floor condominium spaces
  • First‑floor condominium contains approximately 5,099 SF configured for restaurant and lobby use
  • Second‑floor condominium provides approximately 15,702 SF of office and event or venue space

Property Analytics

Current Use

The Lemonade Stand Restaurant Restaurant Love Horoscope Psychic ... Spiritual Center Vantage Architects LLC Architecture Firm Estes Construction Construction Company

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Butcher Tech Support Center Electrical Service Restaurant

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

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

1,418
Businesses Nearby

Demographics for 52801, IA

1,446
Population
1,162
Households
1.2
Avg Household Size
36
Median Age
23%
College-Educated
89%
High-School Grad
0.4 sq mi
ZIP Area
3,615
Density / Sq Mi
$22,217
Median Household Income
$20,219
Median Earnings
$927
Median Rent

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?
Mixed-use property - Two-floor commercial condominium offering restaurant, office, and event configurations with elevator access.
Where is this mixed-use property located?
The property is located at 131 W 2nd Street #1A Davenport, IA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Approximately 20,801 SF across combined first- and second‑floor condominium spaces; First‑floor condominium contains approximately 5,099 SF configured for restaurant and lobby use; Second‑floor condominium provides approximately 15,702 SF of office and event or venue space
More about this property
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