220 3Rd St Davenport, IA 52801
This exceptional 1,850 square foot commercial space is situated within the United Cigar Building in the heart of Downtown Davenport. Currently configured as a salon, this versatile property offers a multitude of retail possibilities. The charming historic building boasts high ceilings and an open reception area, perfect for creating a welcoming atmosphere. The suite also includes several private office rooms, restrooms, and convenient washer/dryer hookups. A rear entrance/exit provides easy access and flow. One assigned parking space is included at a monthly rate of $50, with additional parking options available for purchase from the adjacent property owner. The property is zoned C and identified by APN l0007-23. This single-tenant space presents a unique opportunity for a business seeking a distinctive and well-located presence in a vibrant downtown setting. The building consists of one structure with a single suite. The property is classified as Land, Office, and Retail. This is a rare chance to acquire a piece of Davenport's rich history and establish a thriving business in a highly desirable area. The property's features and location make it an ideal investment for a discerning entrepreneur.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.