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Multi-Unit Office Building
For Sale
$375,000

805 2nd Street, Davenport, IA 52802

Thirteen fully occupied office units in a brick building with on-site parking accessible from an alley.

Property Size7,943 SF
Lot Size0.14 Acres
Price / SF$47.21
Days on Market296

Property Features for 805 2nd Street

General Information

Standard status Active
Size 7,943 SF
Lot size 0.14 Acres
Property subtype General Commercial
Zoning I-MU
Occupancy 100%

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $3,956

Amenities

3

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: NAI Ruhl Commercial Company
Listed By: Shawn Langan · License #475162291
Source: Xome
Added: Oct 20, 2025 Changed: Aug 8 Last Checked: Aug 11 at 5:15AM

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 13-unit commercial office investment property is fully occupied and set within Davenport’s I-MU (Industrial Mixed Use) district. The asset consists of a brick building and multi-tenant layouts designed to support consistent occupancy. Ownership provides utilities for the building and charges tenants an additional $50 per month during the months they use window A/C units.

The property includes an on-site parking lot accessible from an alley off Brown or Warren Street. It is positioned near Davenport’s downtown core and riverfront, with visibility and accessibility via downtown arterials. The property is also located within the mapped floodplain.

For buyers seeking an office building with multiple units and parking, this property offers a stable, income-producing configuration with 13 separate office spaces under one ownership structure.

Key Highlights

  • Fully occupied 13‑unit commercial investment property with Net Operating Income (NOI) of $37,681
  • 7,943 SF brick building on 0.14 acres with multi‑tenant layouts
  • Owner provides utilities and charges tenants $50 per month during months they use window A/C units

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Veterinary Clinic Daycare Center Pet Grooming Service Storage Facility Garden Center

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,506
Businesses Nearby

Demographics for 52802, IA

9,967
Population
4,379
Households
2.3
Avg Household Size
39
Median Age
8%
College-Educated
84%
High-School Grad
10.4 sq mi
ZIP Area
958
Density / Sq Mi
$50,850
Median Household Income
$31,250
Median Earnings
$978
Median Rent
$84,400
Median Home Value

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 - Thirteen fully occupied office units in a brick building with on-site parking accessible from an alley.
Where is this office units located?
The property is located at 805 2nd Street Davenport, IA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Fully occupied 13‑unit commercial investment property with Net Operating Income (NOI) of $37,681; 7,943 SF brick building on 0.14 acres with multi‑tenant layouts; Owner provides utilities and charges tenants $50 per month during months they use window A/C units
More about this property
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