325 Marquette StDavenport, IA 52802

Property Details for 325 Marquette St

Year built

1912

Lot size

0.31 AC

Property size (Sq ft)

8,715 SF

Property type

Retail space

APN

L0001-09

APU

L000109

Description

This 8,715 square foot commercial building located at 325 Marquette Street in Davenport, Iowa, presents a unique investment opportunity. Situated on a 0.31-acre lot, the property is being sold "as is," including all existing building materials. The building currently features unfinished upper two floors, offering significant potential for future development. Buyers have the flexibility to complete the upper levels for either commercial or multifamily use, tailoring the space to their specific needs and maximizing the property's value. The existing structure provides a solid foundation for a variety of projects, allowing for creative design and efficient space planning. The strategic location in Davenport offers excellent access to local amenities and transportation routes, making it an attractive proposition for businesses and investors alike. This is a rare chance to acquire a substantial property at an attractive price point, allowing for significant return on investment through renovation and development. All building materials are included in the sale, representing additional value for the buyer. The property's versatility and potential make it an ideal choice for those seeking a high-return investment or a unique development project in a thriving Iowa community. The asking price is $99,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,313,187

  6.5%

  $2,135,250

  7%

  $1,982,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,229,632

  Geo Method

  $2,860,524

• Alternative Use

  Use

  Valuation

  Residential

  $1,801,163

  Hospitality

  $1,649,856

  Educational

  $1,372,660

  Medical

  $1,419,868

  Retail

  $2,135,250

Location Insight

City

Davenport

County

Scott

State

Iowa

Latitude

41.5232

Longitude

-90.5905

CBSA code

19340

CBSA name

DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].