1734 Washington St Davenport, IA 52804-3666

This 5,896 square foot commercial building at 1734 Washington Street in Davenport, IA, presents a fantastic investment opportunity. Situated on a 0.21-acre lot, this well-built block building boasts high visibility from Locust Street, a major thoroughfare with an estimated 23,000 vehicles passing daily. The property features concrete stairs at both the front and rear. A long-term tenant currently occupies a portion of the main level, generating a consistent monthly rental income of $1,800. This tenant, who has been in place for 20 years, desires to remain. The remaining main level space is currently vacant, offering significant potential for additional rental income or owner-use. The upper level is also vacant and ready for finishing, providing further expansion or rental opportunities. The building's location is highly desirable, with nearby businesses including Taco Bell and NW Bank. The motivated seller is offering financing options for a period of three years. This property offers a compelling combination of existing income, significant upside potential, and a prime location in a busy commercial area. Make an offer today!