111 W 2nd Street Davenport, IA 52801

Building Details

Year Built

1895

Listing agency NAI Ruhl Commercial Company s***@ruhlcommercial.com Show Phone

Listed by Shawn Langan · License #S62759000 Show Phone

Source Xome

Added: Aug 30, 2025 Updated: Jul 21 at 4:38AM Checked: Jul 21 at 4:38AM

Report an Issue

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.

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

Location Intelligence

Similar For Sale Nearby

• 

  $995,000

  3,175 SF

  Purpose-Built Bank Branch Building

  Bank branch building on a corner-entry parcel within a Walmart-anchored development.

  3325 W Kimberly Rd, Davenport, IA 52806

  View Details
• 

  $209,975

  5,109 SF

  Zoned Office Building with Parking

  Office building with three internal spaces, 10 private offices, multiple reception areas, and 10 rear parking spaces.

  2332 EASTERN Avenue, Davenport, IA 52803

  View Details
• 

  $175,000

  35,152 SF

  Signalized Corner Retail Big Box

  Vacant, free-standing single-tenant retail building with 144-space parking and signalized hard-corner frontage along four roads.

  3019 ROCKINGHAM RD, DAVENPORT, IA

  View Details
• 

  $859,031

  6,776 SF

  Former Auto Parts Storefront

  Former O’Reilly Auto Parts store for sale.

  2020 E Locust St, Davenport, IA 52803

  View Details
• 

  $859,031

  6,776 SF

  Commercial Property in Davenport, Iowa

  Commercial property for sale in Davenport, Iowa, with 6,776 square feet.

  2020 E Locust Street, Davenport, IA 52803

  View Details
• 

  $845,000

  9,180 SF

  Industrial Manufacturing Building

  For sale industrial/manufacturing property at 1704 W 2nd St in Davenport, Iowa.

  1704 W 2nd St, Davenport, IA 52802

  View Details
• 

  $200,000

  1,500 SF

  Contiguous Warehouse-Office Units

  Two contiguous warehouse units feature 12'x14' overhead doors, restrooms, and a fenced complex.

  3131 W 76th St, Davenport, IA 52806

  View Details
• 

  $275,000

  5,680 SF

  Multi-Office Building with Shared Parking

  Multi-tenant office building with separate offices and shared parking, offering flexibility for owner-users and tenants.

  3823-3829 W Locust Street, Davenport, IA 52804

  View Details
• 

  $6,000,000

  19,611 SF

  Harley-Davidson Dealership with Absolute NNN

  Absolute triple-net dealership investment with a new 20-year lease and scheduled rent increases every five years.

  5320 Corporate Park Drive, Davenport, IA 52807

  View Details
• 

  $560,000

  Churches and religious facilities

  Well-maintained church facility with sanctuary, offices, fellowship hall, kitchen, and paved parking on nearly two acres.

  3322 W Lombard, Davenport, IA 52804

  View Details
• 

  $635,000

  6,835 SF

  Mixed-Use Building with Retail

  Two-story, fully leased building with lower-level retail/office space and five upper one-bedroom units.

  1102 Mound Street, Davenport, IA 52803

  View Details
• 

  $495,000

  12,480 SF

  Flex Industrial Building with Office

  Flex industrial property includes office space and warehouse/storage area with four overhead doors.

  1040 W 4th St, Davenport, IA 52802

  View Details

FAQs

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 W 2nd Street Davenport, IA.

What is the asking price?

The asking price for this property is $895,000.

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