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131 2Nd St Davenport, IA 52801

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For Sale
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Historic building, prime location, river views.

Property size:
79,573 SF

Property Features for 131 2Nd St

General Information

Property type
Office space
Square Feet
79,573 SF
Class
A
Lot Size
28,750 SF

Building Details

Buildings
1
Stories
4

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Listing Contact
John Ruhl
John Ruhl

Listing Agency: NAI Ruhl Commercial Company Listing Agent: John Ruhl

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional Class A office condominium, located at 131 W 2nd St in Davenport, IA, presents a unique investment opportunity. The 79,573 square foot space occupies the entire third floor of the historic Redstone Building, a four-story structure situated in the heart of downtown Davenport. This vibrant location offers unparalleled access to a variety of amenities, including theaters, hotels, restaurants, shops, and the Mississippi River, all within walking distance. The building itself boasts a recently remodeled common area, secure card access, and elevator service. Convenient covered parking is available adjacent to the building. The main level features two established restaurants, and the second and fourth floors house thriving businesses, indicating a strong and active commercial environment. Currently vacant and in shell condition, this space is ready for immediate tenant build-out, allowing for complete customization to suit diverse business needs. The property is zoned C-D, offering flexibility in potential uses. The sale price is $1,495,000, inclusive of a $300,000 tenant improvement allowance; without the allowance, the price is $1,195,000. Lease options are also available, ranging from 1,500 to 11,705 square feet (subdividable), with lease rates and tenant improvement allowances varying based on lease term length. This 0.66-acre property offers incredible Mississippi River views and presents a compelling opportunity for businesses seeking a prestigious and convenient downtown location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Lemonade Stand Restaurant Restaurant Love Horoscope Psychic ... Spiritual Center Vantage Architects LLC Architecture Firm Estes Construction Construction Company

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Davenport
County
Scott
State
Iowa
Longitude
-90.5751843
Latitude
41.5210831

FAQs

What type of property is this?
Office space - Historic building, prime location, river views.
Where is this office space located?
The property is located at 131 2Nd St Davenport, IA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: $1,495,000 asking price (or $1,195,000 without TI allowance).; 79,573 square foot, Class A, vacant office condominium.; Located in Davenport, IA at 131 W 2nd St, in the Historic Redstone Building.
(563) 355-4000 Call to check price and availability
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