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Third-Floor Office Condominium
New
For Lease
$9 SF/Yr

131 W 2nd St Unit 305, Davenport, IA 52801

Shell-condition space supports tenant-designed improvements and flexible subdivision within a historic downtown building.

Space Size1,500 SF - 11,705 SF
Days on Market2

Property Features for 131 W 2nd St Unit 305

General Information

Standard status Active
Size 1,500 SF - 11,705 SF
Net Rentable 1,500 SF
Elevators Yes

Space & Availability

Available Space 1,500-11,705 SF
Contiguous Space 11,705 SF
Divisible Yes
Floor 3
Condition Shell

Amenities

card access
covered parking

Building Details

Year Built 1887
Listing Agency: NAI Ruhl Commercial Company
Listed By: Shawn Langan, Pete Hadjis
Source: Grandviewrealtyservices
Added: Sep 2 Changed: Sep 3 Last Checked: Sep 3 at 1:58AM

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 1887 Historic Redstone Building and is delivered in shell condition for a tenant’s planned buildout. The premises can be divided into smaller sections, with available configurations ranging from 1,500 to 11,705 square feet. Building features include elevator service, card-controlled access, recently updated common areas, and views toward the Mississippi River.

The property is situated in Downtown Davenport, within walking distance of theaters, hotels, bars, restaurants, shops, and the Mississippi River. Two restaurants operate on the main level, while established businesses occupy the second and fourth floors. A city ramp and covered parking are adjacent to the south side of the building.

Key Highlights

  • Third‑floor office condominium in the 1887 Historic Redstone Building
  • Available configurations from 1,500 to 11,705 SF with subdivision possible
  • Shell condition allows tenant‑specific interior buildout

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

NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

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

Lease Benchmarks for Davenport, IA

$12.5 /SF/Yr
Avg Asking Price
$9–$20 /SF/Yr
Price Range
12,178 SF
Avg Space Size

This space is priced 28% below the average of $12.5 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Shell-condition space supports tenant-designed improvements and flexible subdivision within a historic downtown building.
Where is this office units located?
The property is located at 131 W 2nd St Unit 305 Davenport, IA.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Third‑floor office condominium in the 1887 Historic Redstone Building; Available configurations from 1,500 to 11,705 SF with subdivision possible; Shell condition allows tenant‑specific interior buildout
More about this property
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