Four-Story Commercial Building with
For Sale
$699,900
111 2ND Street, Davenport, IA 52801
Four-story building with a basement, freight elevator, and full commercial kitchen infrastructure, currently occupied by a longtime restaurant operator.
Property Size19,133 SF
Price / SF$36.58
Days on Market325
Property Features for 111 2ND Street
General Information
Standard status
Active
Size
19,133 SF
Property subtype
General Commercial
Zoning
C-D
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$24,562
Amenities
Central Air
3
Building Details
Year Built
1895
Stories
4
Listing Agency:
NAI Ruhl Commercial Company
(563) 343-6597
Listed By:
Shawn Langan · License #S62759000
(563) 343-6597
Source:
Xome
Added: Sep 20, 2025
Changed: Aug 7
Last Checked: Aug 9 at 5:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Ruhl Commercial Company
Investment Insights
Based on property information with market context.
Approximately 19,133 SF four-story commercial building with a basement, centrally located in Downtown Davenport. The property is currently occupied by Phoenix Restaurant, a long-standing local operator providing consistent activity and presence within the building. The building includes full commercial kitchen infrastructure, a freight elevator, and a flexible multi-level layout that can support a variety of uses, including restaurant, office, retail, residential conversion, or mixed-use redevelopment.
The property offers prominent frontage along 2nd Street for visibility and accessibility. It is located within close proximity to the riverfront, Freight House, and the downtown entertainment district.
Zoned C-D (Commercial Downtown), the property permits a wide range of commercial, residential, and entertainment uses.
The property offers prominent frontage along 2nd Street for visibility and accessibility. It is located within close proximity to the riverfront, Freight House, and the downtown entertainment district.
Zoned C-D (Commercial Downtown), the property permits a wide range of commercial, residential, and entertainment uses.
Key Highlights
- 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
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,418
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 52801, IA
1,446
Population
1,162
Households
1.2
Avg Household Size
36
Median Age
23%
College-Educated
89%
High-School Grad
0.4 sq mi
ZIP Area
3,615
Density / Sq Mi
$22,217
Median Household Income
$20,219
Median Earnings
$927
Median Rent
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Four-story building with a basement, freight elevator, and full commercial kitchen infrastructure, currently occupied by a longtime restaurant operator.
Where is this conventional restaurant located?
The property is located at 111 2ND Street Davenport, IA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 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
