Overview
Description
Thirteen-unit commercial investment property located within Davenport’s I-MU (Industrial Mixed Use) district near the downtown core and riverfront. The property is fully occupied and generates a Net Operating Income of $37,681. 7,943 SF brick building on 0.14 acres featuring multi-tenant layouts and consistent occupancy. Ownership provides utilities for this building and charges tenants an additional $50 per month during the months they use window A/C units. Property includes an on-site parking lot accessible from an alley off Brown or Warren Street. Strong visibility and accessibility via downtown arterials. Property is located within the mapped floodplain.
Other Features
Brick
Membrane
Municipal Water
None
Tile
Wood
$1,922.70
per month
- Principal and Interest
- Property Tax
- HOA fee
- Private Mortgage Insurance
$ 1,453.95
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