IA > Davenport
Davenport, IA 52806,5216 SHERIDAN ST
Davenport, IA 52806,5216 SHERIDAN ST
Davenport, IA 52806,5216 SHERIDAN ST
Davenport, IA 52806,5216 SHERIDAN ST
Davenport, IA 52806,5216 SHERIDAN ST
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Steven Sutton-Gordon

Steven Sutton-Gordon

+1(563) 343-7679
Listed by Shawn Langan • NAI Ruhl Commercial Company
$ 1,095,000
Est. payment | /mo

9,108 SqFt

Save
$ 1,095,000
Est. payment | /mo
Save

9,108 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,108 sqft

Price per Sqft $120

MLS Listing ID QC4260324

Originating Board rmlsa

Year Built 2003

Annual Tax Amount $35,530

Tax Year 2023

Lot Size 1.800 Acres

Acres 1.8

Property Sub-Type Commercial

Property Description

Approximately 9,108 SF strip center investment opportunity for sale. Sheridan Square features five suites with only one vacancy. The property is ideally located off the highly traveled 53rd Street, just minutes from I-74 and I-80, providing direct access to the surrounding Quad Cities and regional hubs. Its close proximity to Highway 61 allows for convenient north-south travel throughout the region, while its location near key commercial corridors ensures high visibility and steady traffic flow. A 24x24 garage at the rear of the property, along with an additional lot, offers opportunities to add another building or expand parking. The complex also includes a large, easily accessible parking lot with ample spaces in both the front and rear, complemented by prominent monument signage for tenant exposure. With strong tenant retention, room for growth, and the property assessed at an 8.40% cap rate, Sheridan Square represents an exceptional opportunity for investors looking to expand their portfolio.

Location

State IA

County Scott

Area Qcara Area

Zoning C-2

Direction South of 53rs Street

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Other, Tile/Vinyl

Fireplace N

Exterior

View true

Roof Type Flat,Membrane

Garage 1

Building

Faces South of 53rs Street

Sewer Public Sewer

Water Municipal/City

Structure Type Block,Brick,Stucco,Vinyl Siding,Frame

Others

Tax ID P1112A02

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(563) 343-7679

steven@stevensellinghomes.com

5525 Meredith Dr, Des Moines, IA, 50310, USA

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5216 SHERIDAN ST