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2020 E Locust Street, Davenport, IA 52803

$859,031

New Listing
  • MLS# 746745
  • Bedrooms N/A
  • Bathrooms N/A
  • Total Sq.ft 6,776
  • Property Type Commercial Sale
  • Year Built N/A

Property Description

Former O’Reilly Auto Parts retail building available along high-visibility E Locust Street (~17,800 VPD) in Davenport, IA. Built in 2001, this 6,776 SF steel-frame property sits on 3.21 total acres (1.56 improved acres + 1.65 excess acres) offering strong value-add, owner-user, or redevelopment potential. The adjacent parcel is zoned R-MF (Multi-Family Residential). Vacant and ready for immediate occupancy. Note: Previously crushed sewer line is fully repaired and operational. Property Highlights Building Size: 6,776 SF | Built: 2001 (Steel frame) Land Area: 3.21 Acres (1.56 AC improved | 1.65 AC excess land) Location: E Locust St, Davenport, IA (~17,800 VPD) Parking & Loading: ~19,200 SF concrete lot | 1 overhead door (6’ x 7’) Zoning: Commercial + adjacent R-MF (Multi-Family) Status: Vacant | Repaired & operational sewer line Financial Overview Asking Price: $859,031 (Priced below assessed value of $912,190) Annual Taxes: $27,720/year Investment Highlights Below-market acquisition basis vs. replacement cost & recent comps. 1.65 acres of excess land creates value-add expansion or exit options. Flexible zoning on adjacent lot allows for residential or mixed-use development. Strategic positioning within an established commercial corridor.

Legal: As per the abstract
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Property Information

746745 $859,031 Sale Retail CommercialSale 2020 E Locust Street Davenport Scott IA 52803 6776 6776 Davenport 27624

Utilities

No

LISTED BY

Pinnacle Realty, LLC, Trevis Adair (319.550.2125)

Property Location

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