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Historic Redstone Building Mixed-Use Space
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131 W 2nd St., Davenport, IA 48503

Iconic downtown Davenport building with office, venue, and restaurant space.

Property Size20,801 SF
Price / SF$57.45
Days on Market83

Property Features for 131 W 2nd St.

General Information

Standard status Active
Size 20,801 SF
Property subtype Mixed Use, Office, Retail, Special Purpose
Zoning C-D
Investment Type Redevelopment

Building Details

Year Built 1887
Tenancy Single
Listing Agency: NAI Ruhl Commercial Company
Listed By: Shawn Langan · License #S67761000
Source: Crexi
Added: May 20 Changed: Aug 8 Last Checked: Aug 8 at 3:10PM

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.

This is a rare opportunity to acquire approximately 20,801 square feet within the iconic Historic Redstone Building in Downtown Davenport. The property includes approximately 15,702 square feet of office and event/venue space on the 2nd floor and approximately 5,099 square feet of restaurant/lobby space on the 1st floor. This flexible mixed-use property is ideal for office, entertainment, hospitality, creative workspace, event venue, restaurant, bar, or owner-occupant concepts. The 1st floor is currently home to The Lemonade Stand Restaurant, featuring an open dining layout, a large bar area, a stage area, and kitchen space, with additional basement kitchen/storage components. The 2nd floor is currently configured with office and venue/event space offering flexible layouts and elevator accessibility. The building is located in the heart of Downtown Davenport within walking distance to the Mississippi River, RiverCenter, hotels, restaurants, bars, theaters, entertainment venues, and the Skybridge district. The historic building has strong architectural character, a prominent downtown presence, and excellent visibility. The property is directly adjacent to a city-owned parking ramp with covered access for guests, employees, and visitors.

Key Highlights

  • Rare, large space (20,801 SF) in the iconic Historic Redstone Building.
  • Prime Downtown Davenport location near the Mississippi River, RiverCenter, and entertainment venues.
  • Flexible mixed‑use opportunity for office, entertainment, hospitality, or restaurant concepts.

Property Analytics

Current Use

The Lemonade Stand Restaurant Restaurant Love Horoscope Psychic ... Spiritual Center Vantage Architects LLC Architecture Firm Estes Construction Construction Company

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Butcher Tech Support Center Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,418
Businesses Nearby

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Iconic downtown Davenport building with office, venue, and restaurant space.
Where is this mixed-use property located?
The property is located at 131 W 2nd St. Davenport, IA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Rare, large space (20,801 SF) in the iconic Historic Redstone Building.; Prime Downtown Davenport location near the Mississippi River, RiverCenter, and entertainment venues.; Flexible mixed‑use opportunity for office, entertainment, hospitality, or restaurant concepts.
(563) 355-4000 Call to check price and availability
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