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Third-Floor Office Condominium
For Sale
$1,495,000

131 W 2ND Street #3rd f, Davenport, IA 52801

Shell-condition space offers divisible sizing and tenant-specific fit-out options.

Days on Market5521

Property Features for 131 W 2ND Street #3rd f

General Information

Standard status Active
Elevators Yes
Property subtype Commercial
Zoning C-D

Space & Availability

Floor 3
Furnished No

Taxes and HOA fees

Annual Taxes $47,834

Amenities

restaurants on main level
card access
views of Mississippi river
recent common area remodel

Building Details

Building Size 79,573 SF
Year Built 1887
Buildings 1
Tenancy Multi
Listing Agency: NAI Ruhl Commercial Company
Listed By: Shawn Langan · License #S62759000
Source: Birdrealtysells
Added: Jun 23, 2011 Changed: Aug 2 Last Checked: Aug 2 at 6:45AM

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.

This third-floor office condominium occupies space within the Historic Redstone Building, a property constructed in 1887. The suite is currently in shell condition, allowing a future occupant to complete the interior according to its specifications. Available configurations range from 1,500 to 11,705 square feet, with the space capable of further subdivision. Building features include elevator service, card access, and remodeled common areas. The property is zoned C-D.

The building sits in Downtown Davenport near restaurants, bars, shops, hotels, theaters, and the Mississippi River, all described as within walking distance. Two restaurants operate on the main level, while businesses occupy the second and fourth floors. A city ramp and covered parking are adjacent to the south side of the building. The suite also provides views toward the Mississippi River.

Key Highlights

  • 1,500 to 11,705 SF available with additional subdivision capability
  • Third‑floor condominium in the Historic Redstone Building, constructed in 1887
  • Shell‑condition suite ready for tenant‑specific interior fit‑out

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

Multi-tenant
Tenancy

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?
Office units - Shell-condition space offers divisible sizing and tenant-specific fit-out options.
Where is this office units located?
The property is located at 131 W 2ND Street #3rd f Davenport, IA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 1,500 to 11,705 SF available with additional subdivision capability; Third‑floor condominium in the Historic Redstone Building, constructed in 1887; Shell‑condition suite ready for tenant‑specific interior fit‑out
More about this property
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