1429 BRADY Street, Davenport, IA 52803

• 5,394 sqft

Property Description

Seven-unit commercial investment property positioned along Davenport’s primary north–south corridor (U.S. Route 61 Business/Brady Street). Fully occupied and generating a Net Operating Income of $21,676, reflecting a 7.77% cap rate based on current operating performance. ±5,394 SF brick building on ±0.24 acres with strong corridor visibility near downtown Davenport and major arterials. Tenants are responsible for electric service in their units, while ownership covers water, sewer, and trash. Property features rear access off E. 15th Street, providing convenient parking and service entry. A solid asset ideal for investors seeking stabilized cash flow. Also available as a portfolio: 413 W. 6th St (G0054-22) • 1429 Brady St (G0024-15) • 1816 Davenport Ave (F0004-31) • 805 W. 2nd St (L0014-11) • 709 Perry St (G0041-14). Entire portfolio offered collectively for $1,250,000, representing approximately a 5% savings compared to individual pricing.

Listing Status:

Active

Listing Office:

NAI Ruhl Commercial Company : 563-355-4000

Listing Agent:

Shawn Langan : 563-355-4000

MLS ID:

QC4268836

Interior

• Flooring: OtherTile
• A/C: Central Air
• Heating: Forced AirNatural Gas

Construction

• Roofing: Flat
• General: TwoMulti-Tenant

Location

• Road/Access: Paved 4Lane
• Originating MLS: rmlsa
• County: Scott

Lot

• Zoning: C-TG0024-15

Utilities

• Water: Municipal/City
• Sewer: Public Sewer

Financial

• Source: rmlsa

This listing courtesy of Shawn Langan, NAI Ruhl Commercial Company