1115 3Rd StDavenport, IA 52802

For Sale
$299,000

Prime Location, Multi-Family & Commercial

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional three-story brick building, located at 1115 W 3rd Street in Davenport, Iowa, presents a unique investment opportunity. Boasting a total of 5,670 square feet on a 7,313 square foot lot, the property comprises approximately 1,890 square feet of commercial office space on the ground floor. The upper two floors feature two residential apartments: a two-bedroom, one-bathroom unit and a three-bedroom, one-bathroom unit, each with its own private deck (254 and 239 sq ft respectively). The commercial space is well-appointed with three private offices, a sizable conference room, restrooms, and ample counter space. Currently, the apartments are leased on a month-to-month basis. The building, constructed in 1900, benefits from a rear parking lot and abundant on-street parking. Zoned I-MU, this property offers a blend of income-generating potential from both commercial and residential tenants. A minimum 48-hour notice is required for showings. This is an excellent opportunity to acquire a well-maintained, mixed-use property in a desirable downtown location. The asking price is $299,000.

Highlights

  • Exceptional three-story brick building at 1115 W 3rd Street, Davenport, IA.
  • 5,670 square feet on a 7,313 square foot lot.
  • Ground floor features approximately 1,890 square feet of commercial office space with three private offices, a conference room, and restrooms.
  • Upper floors contain two residential apartments: a 2-bedroom/1-bathroom and a 3-bedroom/1-bathroom, each with a private deck.
  • Apartments are currently month-to-month leases.
  • Features rear parking lot and ample on-street parking; zoned I-MU.

Property Details for 1115 3Rd St

Property type
Other retail properties, Multifamily properties
Year Built
1900
Buildings
1

Location Insight

City
Davenport
County
Scott
State
Iowa
Latitude
41.5221527
Longitude
-90.5898834
1115 3Rd St, Davenport, Iowa

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1115 3Rd St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message