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Property profile & analytics
FOR LEASE
Bars & Pubs

2118 11th St Davenport, IA 52803

4,560 SF 0.17 ac lot Built 1866
Entity Owned Absentee Owner Free & Clear
Property ID
US25-0664437
2118 11th St, Davenport, IA 52803 For Lease
$280,000
2118 11th St, Davenport, IA 52803
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Property summary
AI-generated overview

This exceptional commercial property at 2118 E 11TH Street presents a unique investment opportunity. The property consists of a single building encompassing approximately 200 square feet of usable space, currently divided into individual office suites. Three individual offices are available for lease, each at a monthly rate of $400. The landlord covers all operating expenses, including internet access, providing tenants with a hassle-free experience. A shared common area break room is also available for tenant use, fostering a collaborative environment. The property is zoned C-V, offering flexibility for a variety of commercial uses. The single-tenant occupancy provides a straightforward management structure. This property is ideal for small businesses or entrepreneurs seeking affordable, fully-serviced office space. The property's convenient location (address provided) makes it easily accessible. The parcel number is E0030-32. The building consists of one structure with a total of one building suite. This is a rare opportunity to acquire a well-maintained, low-maintenance commercial property in a desirable location. The all-inclusive lease terms minimize operational overhead, allowing businesses to focus on growth and profitability. Contact us today to schedule a viewing and explore the potential of this exceptional property.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1866
Construction FRAME
Total area 4,560 SF
Lot 0.17 ac (7,500 SF)
APN E0030-32
UPID US25-0664437
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mandle Design Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k
Owner & transaction history
BALZER INVESTMENTS LLC
BALZER INVESTMENTS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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