Updated Corner Live-Work
For Sale
$459,000
4537 N Brady St, Davenport, IA 52806
Combined residential and business space includes renovated interiors, solar panels, and on-site vehicle parking.
Property Size2,992 SF
Lot Size0.42 Acres
Price / SF$153.41
Days on Market50
Property Features for 4537 N Brady St
General Information
Standard status
Active
Size
2,992 SF
Total Parking Spaces
13
Lot size
0.42 Acres
Property subtype
Commercial
Zoning
C-2
Site & Location
Corner Location
Yes
Traffic Count
15,800 vehicles/day
Road Access
Yes
Amenities
solar panels
privacy fencing
Building Details
Year Built
1977
Buildings
1
Tenancy
Single
Abandoned
No
Listing Agency:
Cornerstone Partners QC - Real Broker, LLC
Listed By:
Mhisho Vuong-Lynch (563) 370-1735 · License #S67851000
(563) 370-1735
Source:
Illianahomesource
Added: Aug 31
Changed: Oct 11
Last Checked: Oct 19 at 6:58AM
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 Cornerstone Partners QC - Real Broker, LLC
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Investment Insights
Based on property information with market context.
This live-work property combines a family residence with space currently used for business operations. The building contains approximately 2,992 square feet on a 0.42-acre corner parcel and has received several substantial improvements, including a new roof, solar panels, privacy fencing, a remodeled kitchen, and updated bathrooms. Built in 1977, the property offers a flexible configuration for an owner-occupant seeking to live and work at one location.
Positioned at Brady Street and East 46th Street in Davenport, the site benefits from a highly visible corner setting and approximately 15,800 vehicles passing daily, based on 2025 Iowa DOT traffic data. Parking includes approximately 13 spaces at the front, with room for up to seven additional vehicles behind the building. The combined layout, updated interiors, and prominent roadside presence support a range of residential and business functions, subject to verification of zoning and permitted uses.
Positioned at Brady Street and East 46th Street in Davenport, the site benefits from a highly visible corner setting and approximately 15,800 vehicles passing daily, based on 2025 Iowa DOT traffic data. Parking includes approximately 13 spaces at the front, with room for up to seven additional vehicles behind the building. The combined layout, updated interiors, and prominent roadside presence support a range of residential and business functions, subject to verification of zoning and permitted uses.
Key Highlights
- Approximately 2,992 square feet on a 0.42‑acre corner lot
- Approximately 15,800 vehicles passing daily according to 2025 Iowa DOT traffic data
- 13 front parking spaces plus room for up to seven additional rear vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,929
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,580
$678.6K
Cap Rate 7%
$484,700
$484.7K
Cap Rate 9%
$376,989
$377.0K
Market Conditions
NOI Build-Up for 2,992 SF
Gross rent
$53.9K $18.00/SF
− Vacancy
−$8.6K −$2.88/SF
EGI
$45.2K $15.12/SF
− OpEx
−$11.3K −$3.78/SF
NOI
$33.9K $11.34/SF
Area
Davenport, IA
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,580
Cap Rate 7%
$484,700
Cap Rate 9%
$376,989
Alternative Uses
Best Use
Office B
$484.7K
$424.1K – $565.5K
NOI $33,929 @ 7.0% cap · market cap 7.39%
Second Best
Retail
$412.9K
$361.3K – $481.7K
NOI $28,903 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$645.8K
$565.1K – $753.4K
NOI $45,205 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
15,800 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
Explore this area
Business Placement
Demographics for 52806, IA
28,191
Population
12,092
Households
2.3
Avg Household Size
38
Median Age
32%
College-Educated
94%
High-School Grad
31.1 sq mi
ZIP Area
906
Density / Sq Mi
$73,682
Median Household Income
$42,744
Median Earnings
$976
Median Rent
$188,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Live-work space - Combined residential and business space includes renovated interiors, solar panels, and on-site vehicle parking.
Where is this live-work space located?
The property is located at 4537 N Brady St Davenport, IA.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Approximately 2,992 square feet on a 0.42‑acre corner lot; Approximately 15,800 vehicles passing daily according to 2025 Iowa DOT traffic data; 13 front parking spaces plus room for up to seven additional rear vehicles
