Listed by Mel Foster Co
$2,500,000
2222 E 53RD Street
Details
APN Y0719B02
Property Type Retail
Square Footage 20,264
Units 13
Occupancy 52%
Tenancy Multi
Lease Type NNN
Year Built 2003
Stories 1
Lot Size (SqFt) 111,600
Zoning C-1
Ground Lease No
Sale Condition For sale by owner
High Profile Retail Property-E 53rd Street Davenport, Iowa
Marketing description
Offered for sale is Montgomery Plaza, a +/-20,500 SF neighborhood retail shopping center ideally located along highly traveled 53rd Street in Davenport, Iowa. The center is anchored by Grand Appliance and complemented by established local tenants including KT Nails, Milan Laser and New Style Barber Shop. The property presents an excellent value-add opportunity for an owner-occupant or investor seeking upside through lease-up. Priced well below replacement cost, Montgomery Plaza is strategically positioned amid ongoing and planned development, offering strong long-term growth potential.
Listing Contacts
Listed by Mel Foster Co
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