IA > Davenport
Davenport, IA 52801,111 W 2ND ST
Davenport, IA 52801,111 W 2ND ST
Davenport, IA 52801,111 W 2ND ST
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Shawn Langan • NAI Ruhl Commercial Company
$1,150,000
Est. payment /mo
19,133 SqFt
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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

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Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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111 W 2ND ST

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