NOT LISTED FOR SALE
-- Bed
-- Bath
4,050 Sq Ft
0.36 Acres

About This Home

As of October 2020

4,050 SF available for lease in the Downtown Davenport entertainment district. Within walking distance to the Adler Theater, RiverCenter, Current Hotel, Hotel Blackhawk, and many downtown hot spots. Property features beautiful hardwood floors, tin ceiling, and brick walls. Open floor plan, with four bathrooms, stage area, kitchen space, and two separate offices (approximately 400 SF each.) Ideal location for restaurant, coffee shop, nightclub, bar, or entertainment purposes. Could possibly have up to 15 parking spots available depending on the use. Water and trash included. Call today for more information.

Last Agent to Rent the Property

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 02/12/2020

NAI Ruhl Commercial Company

Co-Listed By

Pete Hadjis

NAI Ruhl Commercial Company License #S67761000/475.188914

Last Renter's Agent

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 02/12/2020

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Year Built

  • Built in 1907

Lot Details

  • 0.36

Utilities

  • Forced Air Heating System
  • Partial Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for janitorial, gas, electric
  • The owner pays for real estate taxes, insurance, trash, water/sewer

Property Details

Property Type

Other

Year Built

Built in 1907

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 11.5
  • Lease Type: Gross
  • Owner Pays: Real Estate Taxes, Insurance, Trash, Water/Sewer
  • Sale Lease Includes: Sale/Lease Other
  • Tenant Pays: Janitorial, Gas, Electric
  • Terms Lease: 2 Years, 3 Years, 4 Years, 5 Years, Other Term/Lease

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Year Built: 1907
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring, Tile/Vinyl
  • Total Building Sq Ft: 40600
  • Estimated Lot Sq Ft: 15,563

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street
  • Insulation: Partial
  • Roof Construction: Comp Roll, Tar/Gravel
  • Wall Construction: Block, Brick

Garage/Parking

  • Numberparking Spaces Allocated: 5

Utilities

  • Cooling: Individual Units
  • Heating: Forced Air, Gas, Partial
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.36
  • Zoning: C-D
  • Property Use: Other Property Use, Community Center, Neighborhood Center

Tax Info

  • Annual Taxes: 17200
  • Parcel Id Number Tax Id: L0007-21
  • Tax Incentive: Other Tax Incentive
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2013
Sold by
United Cigar Building Lc
Bought by
Condon James J and Condon James Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 16, 2005
Sold by
Erenberger Doug
Bought by
Erenberger Joe
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Condon James J $119,000 None Available
Erenberger Joe $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Condon James J $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Rented $51,500 +10.6% --
10/06/2020 10/06/20 Under Contract -- -- --
09/01/2020 09/01/20 Off Market -- -- --
02/12/2020 02/12/20 For Rent $46,575 -- --
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $34,346 $1,383,860 $233,450 $1,150,410
2023 $18,696 $1,378,900 $233,450 $1,145,450
2022 $26,965 $697,430 $233,450 $463,980
2021 $19,774 $697,430 $233,450 $463,980
2020 $27,198 $697,430 $233,450 $463,980
2019 $23,088 $560,580 $233,450 $327,130
2018 $28,756 $560,580 $233,450 $327,130
2017 $30,999 $557,880 $233,450 $324,430
2016 $18,584 $0 $0 $0
2015 $17,024 $0 $0 $0
2014 $17,674 $0 $0 $0
2013 $18,652 $0 $0 $0
2012 -- $427,640 $159,400 $268,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7041922

RMLS Alliance

APN: L0007-21