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111-220 E 50TH Street

Davenport, IA 52806
  • $1,525,000
  • STATUS: Active
  • ON SITE: 506 Days
  • ID#: QC7042084
$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 Paramount Homes QC. Data last updated: 2021-10-27T23:44:54.163.
www.paramounthomesqc.com/homes/106650841
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111-220 E 50TH Street Davenport, IA 52806

  • Price: $1,525,000
  • Status: Active
  • 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 Paramount Homes QC. Data last updated: 2021-10-27T23:44:54.163.
 
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