2222 E 53RD ST

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2222 E 53RD ST

DAVENPORT, IA 52807-2789
Asking Price
$3.00M
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • High profile retail asset located in Davenport, Iowa
  • Strategically situated on the active East 53rd Street corridor
  • Property is currently listed for sale at 2,995,000 dollars
  • Asset offers visibility in a established suburban retail district
  • Suitable for diverse retail and consumer service business use cases

What's Special

The East 53rd Street corridor serves as a prominent retail destination within Davenport, Iowa, benefiting from consistent local traffic and connectivity to the broader Quad Cities metropolitan area. This retail property at 2222 E 53rd St sits in a well-established commercial pocket, providing visibility and accessibility for businesses looking to establish or expand their footprint in the region. The asset offers a strategic location for various retail operators, including service-based businesses, specialty stores, or consumer-facing establishments seeking a presence in a primary Davenport thoroughfare. Market dynamics in this submarket remain driven by steady consumer demand and the area's ongoing role as a suburban hub. Investors and business owners alike will find this site positioned effectively to capture the daily flow of customers moving through one of the city's most active retail districts. The building presents a functional canvas for traditional storefront operations requiring exposure in a high-profile retail segment of the Iowa market.

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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.89%
Monthly Payment
$14,817.626
Annual Cash Flow
$-97,811.51

Location & Travel Times