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331 W 3RD Street #2, Davenport, IA 52801

Downtown workspace includes secured entry, shared lobby space, and parking in the neighboring municipal ramp.

Space Size1,905 SF - 25,582 SF
Days on Market858

Property Features for 331 W 3RD Street #2

General Information

Standard status Active
Size 1,905 SF - 25,582 SF
Net Rentable 1,905 SF
Class A
Elevators Yes

Space & Availability

Available Space 1,905-25,582 SF
Divisible Yes
Floor 1-2
Space Use Office

Taxes and HOA fees

Annual Taxes $65,082

Amenities

common area lobby
secured access

Building Details

Building Size 25,582 SF
Year Built 2004
Listing Agency: NAI Ruhl Commercial Company
Listed By: Richard Schaefer · License #S32803000/475.140021
Source: Fishmangroup
Added: Jun 20, 2024 Changed: Oct 23 Last Checked: Oct 23 at 1:25PM

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.

Office space is available on the first and second floors of the New Ventures Building at 331 W 3rd Street in downtown Davenport. Suite sizes range from approximately 1,905 SF to 25,582 SF. The building, completed in 2004, has elevator service, secured access, and a common lobby. Suite layouts may include private offices, conference rooms, break rooms, and open work areas.

The property sits at the southeast corner of W. 3rd and Ripley Street. A municipal parking ramp is adjacent to the building. The available offices carry a Class A designation and offer a range of suite configurations across two floors.

Key Highlights

  • Office availability ranges from approximately 1,905 SF to 25,582 SF
  • First- and second‑floor suites offer private offices, conference rooms, break rooms, and open workspace
  • Elevator service, secured building access, and a shared lobby

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

SCORE Business Management Consultant Quad Cities Chamber ... Business Service Center Greater Davenport Redevelopment ... Charitable Organization Parking Ramp Parking Lot & Garage Open Software Solutions (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Pet Grooming Service Electrical Service Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

1,370
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

Lease Benchmarks for Davenport, IA

$13.44 /SF/Yr
Avg Asking Price
$9–$20 /SF/Yr
Price Range
19,427 SF
Avg Space Size

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?
Office unit - Downtown workspace includes secured entry, shared lobby space, and parking in the neighboring municipal ramp.
Where is this office unit located?
The property is located at 331 W 3RD Street #2 Davenport, IA.
What are key features of this property?
This property features: Office availability ranges from approximately 1,905 SF to 25,582 SF; First- and second‑floor suites offer private offices, conference rooms, break rooms, and open workspace; Elevator service, secured building access, and a shared lobby
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