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

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

Two connected floors combine restaurant and lobby areas with office and event space, served by an elevator.

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 1st and 2nd floor
Property Use Office, Restaurant, Event Space

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: Fishmangroup
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 3:34PM

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

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Investment Insights

Based on property information with market context.

The offering combines condominium space on the first and second floors of a building constructed in 1887, totaling approximately 20,801 SF. The first floor comprises approximately 5,099 SF arranged for restaurant and lobby functions. Above it, approximately 15,702 SF is configured for offices and events, with elevator access. The property is in downtown Davenport, within walking distance of the Mississippi River, hotels, restaurants, bars, entertainment venues, and the Skybridge district. Adjacent parking options are available.

Key Highlights

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

Property Analytics

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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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two connected floors combine restaurant and lobby areas with office and event space, served by an elevator.
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: approximately 5,099 SF configured for restaurant and lobby use; Second floor: approximately 15,702 SF of office and event space with elevator access
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