935-937 4Th St Davenport, IA 52802
- Commercial real estate
- 39,450 SF
- 0.36 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 935-937 4Th St
- Lot size
- 0.36 lot acres
- Property size
- 39,450 SF
- Property type
- Commercial real estate
Description
This exceptional commercial investment opportunity encompasses two interconnected buildings totaling 39,450 square feet situated on a 0.36-acre lot at 935-937 W 4th Street in Davenport, Iowa. The property is offered at $349,000 and must be purchased as a single unit. The main building, 935 W. 4th Street, is a four-story structure boasting 8,850 square feet of basement space, a functional freight elevator, and a convenient loading dock situated on the east side of the building. The second building, 937 W. 4th Street, features a 3,350-square-foot basement and a warehouse equipped with an 18 x 12 overhead door providing easy access from the rear alley. Recent improvements include a brand-new roof, meticulous tuckpointing, and a comprehensive sprinkler system, ensuring both safety and longevity. The property's I-MU zoning designation unlocks significant potential for future development, particularly for multi-family residential projects. Currently, a business operates on the premises. Interested parties should contact the listing agent to arrange a viewing. This is a rare chance to acquire a substantial commercial property in a desirable location with significant upside potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.5872
- Latitude
- 41.5232
