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Downtown Multiuse Building with Sprinklers
For Sale
$499,700

825 W 4th St, Davenport, IA 52802

Landmark downtown Davenport building with an updated dry sprinkler system and long-running furniture retail history.

Property SizeContact for details
Days on Market356

Property Features for 825 W 4th St

General Information

Standard status Active

Additional Details

Business Included Yes
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $9,230
Listing Agency: Cornerstone Partners QC - Real Broker, LLC
Listed By: Jesse Hammes · License #S57235000/475216751
Source: Exprealty
Added: Sep 10, 2025 Changed: Aug 31 Last Checked: Aug 31 at 12:13AM

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

Investment Insights

Based on property information with market context.

This multipurpose landmark building in downtown Davenport has been home to a long-running furniture business, formerly Evan’s Furniture and later operating as Davenport Furniture Co. / Furnish 123 since 2008. The property has updated dry sprinkler system coverage throughout the building and is presented with a wide range of reuse options, including a potential conversion to loft-style residential use. The owner is retiring and notes that the furniture business can be purchased as well, with financial data available for qualified buyers.

The property is located at 825 W 4th Street. The remarks also indicate it may be assembled with adjoining parcels for a larger project.

Additionally, a single-level warehouse at 944 S Farragut Street could be sold together with this building, offering an expanded option set for buyers seeking a combined campus-style footprint.

Key Highlights

  • Landmark downtown Davenport building with an updated dry sprinkler system throughout the entire building
  • Long‑running furniture retail history: operated as Davenport Furniture Co. / Furnish 123 since 2008
  • Formerly Evans Furniture and previously operated as a successful furniture store for many years

Property Analytics

Current Use

Furnish 123 Furniture & Home Goods

Suggested Use

Top Pick Electrical Service Veterinary Clinic Daycare Center Pharmacy Catering Service (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,397
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Dining 29% Electronics 9%
Shell Shops & Services
6,465 visits/mo 0.4 miles
SUBWAY Dining
3,017 visits/mo 0.4 miles
Metro by T-Mobile Electronics
912 visits/mo 0.1 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Landmark downtown Davenport building with an updated dry sprinkler system and long-running furniture retail history.
Where is this retail space located?
The property is located at 825 W 4th St Davenport, IA.
What is the asking price?
The asking price for this property is $499,700.
What are key features of this property?
This property features: Landmark downtown Davenport building with an updated dry sprinkler system throughout the entire building; Long‑running furniture retail history: operated as Davenport Furniture Co. / Furnish 123 since 2008; Formerly Evans Furniture and previously operated as a successful furniture store for many years
More about this property
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