907 Locust St Davenport, IA 52803

This exceptional investment opportunity presents a well-maintained eight-unit commercial building situated at 907 E Locust Street in Davenport, Iowa. The property boasts a substantial 5,649 square feet of space and sits on a 0.53-acre lot. Currently occupied by a single tenant, the Humility of Mary, for over a decade, this building offers remarkable stability and a proven rental history. The tenant recently agreed to a rent increase, demonstrating the property's strong market position. Its prime location on the highly trafficked Locust Street provides excellent visibility and accessibility. The property benefits from convenient access to numerous restaurants, public transportation (bus route), and easy interstate access, enhancing its appeal to both tenants and potential investors. The building is valued at a 10% capitalization rate, representing a compelling return on investment. A 24-hour notice is required for all showings. This is a rare chance to acquire a stable, income-generating property in a desirable Davenport location. The property's size, location, and strong tenant history make it an ideal addition to any commercial real estate portfolio. Serious inquiries only.