5401 ELMORE Avenue, Davenport, IA 52807 | QC4213047 | Mel Foster Brokerage, LLC

5401 ELMORE Avenue $2,950,000

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    5401 ELMORE Avenue Davenport, IA 52807

    Pending (No Showings)
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    • 4.54 Acres
    • Commercial
    • MLS# QC4213047
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    Views: 1823 Days On Site: 311

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    Property Details

    With its modern architecture and prime location you can't miss this property. Located on Elmore Ave and within close proximity to East 53rd Ave. Putting this property in the heart of Davenports highest traveled corridor. (30,000 vehicles passing the area per day.) This 26,828 SF architectural structure sits on 4.54 acres, surrounded by over 700+ parking spaces. This Mix-Use building formally served as an auto dealership (Main Level) and tech company (Upper Level) giving it incredible conversion opportunity. The first floor is approximately 14, 598 SF featuring an open concept, high ceilings, large showroom windows, and service bay space with three overhead doors. The second floor has its own entrance and is approximately 12,170 SF. It features high class office space, and incredible views of the North end of Elmore Ave. Nearby tenants include Wal-Mart, Starbucks, Hobby Lobby and more. Building has its own generator, fob key system throughout, and security system.

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    • Mel Foster Insurance

    Neighborhood

    52807 (Davenport) Demographics

    37 Median Age
    510 Population Density (per sq. mile)
    57% College Educated
    $54,894 Estimated Median Income
    3,222 Estimated Total Home Owners
    3,362 Estimated Total Renters
    49% / 51% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    15,054 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    29 New On Market

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      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,950,000
        4/7/2021 9:39:47 AM Status Changed Source New Value: Pending (No Showings)
        2/8/2021 9:39:26 AM Price Reduced Source New Value: $2,950,000 -9.23%
        7/6/2020 11:40:00 AM New in Database Source New Value: $3,250,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.