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    Property profile & analytics
    OFF-MARKET Estimated value $1,390,000
    Retail space

    225 2nd St, Davenport, IA 52801-1619

    35,262 SF 0.22 ac lot Built 1915
    Individually Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US25-0135763
    Property summary
    AI-generated overview

    This exceptional 160-square-foot commercial space is located at 225 E 2nd Street in Davenport, Iowa, zip code 52801. Situated within the revitalized Bucktown Lofts, this single-tenant property offers a unique blend of historic charm and modern convenience. The space is part of a larger development featuring 21 residential units above and 7 other commercial spaces on the ground floor. The property type is classified as Land, Office, and Retail, with a C-D zoning designation and APN L0016A17A. The building itself boasts recently completed renovations, including a new HVAC system, roof, and tuckpointing, ensuring a comfortable and efficient workspace. Original hardwood floors have been meticulously restored, adding to the space's character and appeal. Leases are gross, with tenants responsible for a pro-rata share of electricity and water costs. This first-floor location provides excellent visibility and accessibility. This is an ideal opportunity for a small business seeking a unique and well-maintained space in a thriving urban setting. The property is located at 41.5210148 latitude and -90.5714349 longitude.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1915
    Total area 35,262 SF
    Lot 0.22 ac (9,600 SF)
    APN L0016A17A
    UPID US25-0135763
    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
    • Boho Chic Fine Art Gallery Art Gallery
    • Figge Art Museum Art Museum Tourist Attraction
    • BEAUX ARTS FAIR Association / Organization
    • Bucktown Holy Yoga Studio Gym & Fitness Center
    • Brittany Klarkowski Art Art Gallery
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.42M
    Blend (final) Blend
    $1.39M
    Owner & transaction history
    Karen T Blomme · 19 yrs held
    Karen T Blomme
    since 2006
    4 recorded transactions
    2016
    2006
    $159,500
    2005
    $154,000
    2005
    $137,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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