4
See all 4 photos
Listed by Shawn Langan • NAI Ruhl Commercial Company
$1,150,000
Est. payment /mo
19,133 SqFt
Active
111 W 2ND ST Davenport, IA 52801
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,133 sqft
Price per Sqft $60
MLS Listing ID QC4267610
Annual Tax Amount $24,562
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Commercial
Source rmlsa
Property Description
Approximately 19,133 SF, four-story commercial building, centrally located in Downtown Davenport. The property is home to Phoenix Restaurant, a long-standing and still-operating local establishment that provides stability and consistent traffic. The sale includes the real estate, along with furniture, fixtures, equipment, and business goodwill, offered at $1,150,000 total ($800,000 allocated to real estate and $350,000 to FF&E and goodwill). Features include a freight elevator, full commercial kitchen, established restaurant and bar, and prominent 2nd Street frontage. Located near the riverfront, downtown entertainment venues, and downtown businesses, the property is well-positioned to benefit from ongoing investment and revitalization throughout the downtown district. The Phoenix remains open and operational. Zoned C-D, allowing for a mix of retail, office, residential, dining, and entertainment uses.
Location
State IA
County Scott
Area Qcara Area
Zoning C-D
Direction Downtown Davenport
Interior
Heating Forced Air
Cooling Central Air
Flooring Other
Fireplace N
Exterior
View true
Roof Type Membrane
Garage 1
Building
Faces Downtown Davenport
Sewer Public Sewer
Water Municipal/City
Structure Type Brick
Others
Tax ID L0010-33
GET MORE INFORMATION
