400 Main St Davenport, IA 52801-1417
Executive Square, a vibrant mixed-use property situated in the heart of Davenport, IA, presents a compelling investment opportunity. This 45,627 square foot building sits on a 0.7-acre lot at 400 Main Street and offers a diverse portfolio of 32 units, perfectly blending residential and commercial spaces. The residential component comprises 25 apartments, thoughtfully divided into 11 studios, 6 one-bedroom units, and 8 two-bedroom units, catering to a wide range of tenants. Complementing the residential units are 7 thriving commercial spaces, including 4 retail units and 3 office units, providing a steady stream of income from diverse sources. The property's prime downtown location offers excellent visibility and accessibility, attracting both residents and businesses. This well-established mixed-use building presents a rare opportunity to acquire a substantial and diversified income-generating asset in a thriving urban environment. The asking price for this exceptional property is $3,495,000. This represents a significant opportunity for investors seeking a strong return on investment in a desirable and rapidly developing area. The property's diverse tenant base and strategic location ensure a stable and potentially growing income stream. Detailed financial information and property reports are available upon request.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.