For Sale
$140,000

1601 Harrison St Davenport, IA 52803

High-yield Iowa commercial land, great rental income.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 1920-built commercial property situated on a large lot at 1601 N Harrison Street, Davenport, Iowa, 52803. The property includes one building on a single floor, currently generating a monthly rental income of $1,500 under a yearly lease. Tenants are responsible for all utilities (electric, gas, water, and sewer). The asking price for this land is $140,000. This represents a strong return on investment, particularly considering the potential for further development or expansion given the size of the lot. The property's location in Davenport, Iowa offers convenient access to local amenities and transportation networks. Note that adjacent properties, including 1605 Harrison Street and a large rear lot, are also available for purchase separately. This presents a unique opportunity to acquire a significant land holding in a desirable location. The property's solid rental income stream makes it an attractive option for investors seeking a stable and profitable addition to their portfolio. Serious inquiries are encouraged to explore this promising investment opportunity further.

Highlights

  • 1920-built commercial property at 1601 N Harrison Street, Davenport, IA 52803.
  • Single-story building on a large lot, generating $1,500 monthly rental income under a yearly lease.
  • Asking price: $140,000.
  • Tenants pay all utilities.
  • Potential for future development or expansion.

Property Details for 1601 Harrison St

Property type
Land
Year Built
1920
Buildings
1

Location Insight

City
Davenport
County
Scott
State
Iowa
Latitude
41.5360177
Longitude
-90.5770707

FAQs

What type of property is this?
Land - High-yield Iowa commercial land, great rental income.
Where is the land located?
The property is located at 1601 Harrison St Davenport, IA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 1920-built commercial property at 1601 N Harrison Street, Davenport, IA 52803.; Single-story building on a large lot, generating $1,500 monthly rental income under a yearly lease.; Asking price: $140,000.
How can I contact the broker?
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1601 Harrison St
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