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    Conventional Restaurant

    Davenport, IA Conventional Restaurants for Sale

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    Bettendorf, IA Eldridge, IA Le Claire, IA Pleasant Valley, IA Rock Island, IL Moline, IL East Moline, IL Princeton, IA
    Four-Story Commercial Building with Freight
    Updated: Apr 24
    Four-Story Commercial Building with Freight

    111 W 2nd St, Davenport, IA 52801

    $699,900
    19,133 sqft
    Approximately 19,133 SF four‑story commercial building with a basement in Downtown Davenport
    Currently occupied by Phoenix Restaurant, a long‑standing local operator
    Full commercial kitchen infrastructure plus a freight elevator and flexible multi‑level layout
    Prominent frontage on 2nd Street for strong visibility and accessibility
    Zoned C‑D (Commercial Downtown), allowing for a wide range of commercial, residential, and entertainment uses
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    Historic Redstone Building Restaurant Space
    Updated: Aug 1, 2024
    Historic Redstone Building Restaurant Space

    131 W 2ND Street, Davenport, IA 52801

    Contact for pricing
    22,912 sqft
    Prime downtown Davenport location, walk to theaters, hotels, restaurants, and the Mississippi River.
    Open floor layout, great for a restaurant, bar, or coffee shop.
    Fully equipped basement kitchen includes a walk‑in cooler and freezer.
    Part of the iconic Historic Redstone Building.
    Investment opportunity with potential for owner‑occupancy.
    View details
    See hot listings in Davenport

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Davenport, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bar and Pub with Redevelopment Space
    Bar and Pub with Redevelopment Space

    1405 5th Ave, Moline, IL 61265

    $499,000
    18,000 sqft

    Upgraded restaurant infrastructure includes HVAC, electrical, kitchen, and beverage-service systems.

    View details
    Bar and Restaurant Building
    Bar and Restaurant Building

    4514 9th St, Rock Island, IL 61201

    $299,000
    4,299 sqft

    Two-level commercial property with bar, kitchen, dining, apartment, and basement storage areas.

    View details
    Freestanding Restaurant Building
    Freestanding Restaurant Building

    2716 18th Ave, Rock Island, IL 61201

    Contact for pricing
    3,520 sqft

    Operating food-service property with on-site parking and B-1 Neighborhood Business zoning.

    View details
    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    1320 5th Ave, Moline, IL 61265

    $1,350,000
    27,840 sqft

    Main-level restaurant is paired with income-producing apartments above.

    View details

    Davenport, IA Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Davenport, IA on our real estate platform. These investment opportunities span a total of 42,045 square feet of properties for sale, with an estimated market value of $699,900.

    Sale prices for conventional restaurants in Davenport, IA average $699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 10
    Bars & Pubs 2
    Coffee shops 2
    Commercial kitchens 1
    Drive through restaurants 1

    Demographics Overview

    Population 104K
    Population Growth (5Y) +6.4%
    Median Household Income $65,432
    College Educated 25.1%

    High-Yield Neighborhoods for Investment

    Identify Davenport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52802 $100K
    52801 $699.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.02%
    Property Tax per SF $28.19 per SF
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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    • 52801

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    Realmo connects you with licensed Davenport CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    3% Listing Company LLC
    3230 Fieldcrest Dr. Davenport, IA
    Phone: (563) 940-8393
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