109-220 E 50TH Street $4,250,000

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    109-220 E 50TH Street Davenport, IA 52806

    • 45,712 sq.ft.
    • 4.70 Acres
    • Commercial
    MLS# 7038561 | Active

    $4,250,000

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    Days On Market: 476 7 Views
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    Property Details

    Five property investment opportunity in one park with a 6.5% ROI when fully leased. Patten Commercial Park continues to be a successful investment with solid, long-term tenants. The former FedEx property is currently vacant with a listing for lease at $10/SF plus expenses. Includes additional parcels P1216-19A, P1216-22, P1209-11A and P1209-12. The Sherwin Williams building is zoned C-2 and the others are zoned C-3.

    • General Features
      • Area Davenport NW1/4, N of Kimberly-W
      • Class OFFICE PROPERTY
      • For Lease Y/N No
      • Location Neighborhood
      • Owner Pays N/A
      • Ownership Corporation
      • Sale Lease Includes Land, Building
    • Building Features
      • Cooling Central
      • Exterior Finish Other Exterior Finish
      • Floor Construction Other Floor Construction
      • Roof Construction Other Roof Construction
      • Wall Construction Other Wall Construction
    • Property Features
      • Frontage Access Paved 2Lane, City Street
      • Heating Forced Air, Gas
      • Insulation Unknown
      • Sewer City Sewer
      • Water Supply Municipal

    Contact

    Yo Phelps

    Real Estate Consultant, licensed IA & IL

    Iowa

    RE/MAX Concepts

    Cell: 563-723-2814

    Neighborhood

    52806 (Davenport) Demographics

    35Median Age
    929Population Density (per sq. mile)
    37%College Educated
    $51,739 Estimated Median Income
    7,065Estimated Total Home Owners
    3,948Estimated Total Renters
    64% / 36%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    28,498Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $175,000 Median Sales Price
    21 Homes Sold
    33 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,250,000
        4/30/2019 11:22:21 AM Price Reduced Source New Value: $4,250,000 -14.14%
        3/5/2018 10:38:00 AM New in Database Source New Value: $4,950,000

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        The data relating to real estate for sale on this website comes in part from the IDX program of the Quad Cities Area REALTORĀ® Association. IDX information from this property search 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.