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    111-220 E 50TH Street

    Davenport, IA 52806
    • $1,525,000
    • STATUS: Active
    • ON SITE: 474 days
    • ID#: QC7042084
    UPDATED: 46 min ago
    $1,525,000
    • 0
      BEDS
    • 2.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1990
    County:
    Area:

    School Ratings & Info

    Description

    Highly visible three property investment opportunity in one park. Caprate of 8%, with an NOI of approximately $122,099.00 and only one vacancy. Total property square footage of 42,499 with 2.06 acres. Buildings zoned C-2 and C-3. Provide great exposure to highly traveled Brady Street and Welcome Way. Ample parking on all buildings with high pylon sign exposure. Includes parcels P1216-19A, P1209-11A and P1209-12.

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    © 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Data last updated: 2021-09-26T11:44:50.813.
    www.viewspringfieldhomes.com/homes/106650841
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    111-220 E 50TH Street Davenport, IA 52806

    • Price: $1,525,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: QC7042084
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.06
    Acres
    1990
    Built
    Neighborhood:
    Qcara Area
    County:
    Scott
    Area:
    Qcara Area
    Property Description
    Highly visible three property investment opportunity in one park. Caprate of 8%, with an NOI of approximately $122,099.00 and only one vacancy. Total property square footage of 42,499 with 2.06 acres. Buildings zoned C-2 and C-3. Provide great exposure to highly traveled Brady Street and Welcome Way. Ample parking on all buildings with high pylon sign exposure. Includes parcels P1216-19A, P1209-11A and P1209-12.
    Exterior Features

    Exterior Finish Other Exterior Finish Frontage Access City StreetPaved 2Lane Miles To Airport 12 Miles To Highway 2 Nearest Highway I-80 Roof Construction Other Roof Construction Wall Construction Other Wall Construction

    Interior Features

    Cooling Central Air Flooring Other Flooring Heating Forced AirGas Insulation Unknown

    Property Features

    Annual Taxes 42499 Building Description Multi-Tenant For Lease No For Sale Yes Handicap Modified Yes Location Neighborhood Net Operating Income 0 Number Of Buildings 3 Owner Pays N/A Ownership Corporation Possible Financing CashConventional Property Use Other Property Use Sale Lease Includes BuildingLand Sale Rent For Sale Sewer Source Public Sewer Tax Incentive In City Limit Tenant Pays N/A Terms Lease N/A Type Commercial/Cie Type1 InvestmentOfficeRetail Water Supply Municipal/City Zoning C-2/3

    Listing provided courtesy of Shawn Langan of Nai Ruhl Commercial Company.
    © 2021 RMLS Alliance, LLC. All Rights Reserved.


    © 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Data last updated: 2021-09-26T11:44:50.813.
     
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