109-220 E 50TH Street $3,995,000


    109-220 E 50TH Street Davenport, IA 52806

    • 45,712 sq.ft.
    • 4.70 Acres
    • Commercial
    MLS# 7038562 | Active
    Days On Market: 589 17 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
      • 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 City Street, Paved 2 Lane
      • Heating Forced Air, Gas
      • Insulation Unknown
      • Sewer City Sewer
      • Water Supply Municipal


    Yo Phelps

    Real Estate Consultant, licensed IA & IL


    RE/MAX Concepts

    Cell: 563-723-2814


    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

    $170,000 Median Sales Price
    32 Homes Sold
    45 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,995,000
        8/12/2019 1:22:33 PM Price Reduced Source New Value: $3,995,000 -6%
        4/30/2019 11:22:23 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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