2200 11Th St Davenport, IA 52803

This exceptional value-add investment opportunity presents a vacant, two-story commercial building situated on a 6,300 square foot lot in Davenport, Iowa's vibrant East Village. The property, located at 2200 E 11TH Street, boasts 5,509 square feet of space and is zoned C-V, offering significant potential for redevelopment. The building, constructed in 2022/2023, features three potential commercial spaces on the ground floor and two living quarters upstairs. This presents a unique chance to capitalize on the area's thriving restaurant, bar, and entertainment scene. The property is offered for sale by owner at $375,000 and includes an assumable loan with a 4.75% interest rate. The property's location in the East Village provides excellent visibility and accessibility. The building is currently vacant, allowing for immediate customization to suit a variety of commercial and residential uses. The property's legal description is APN E0030-35, and ownership is held by an LLC. This is a rare chance to acquire a prime commercial property in a rapidly growing area. Don't miss this opportunity to invest in a property with significant upside potential.