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Historic Mixed-Use Condominium
For Sale
$1,195,000

131 W 2nd Street #1A, Davenport, IA 52801

Two-level commercial condominium combines restaurant, office, and event functionality.

Property Size20,801 SF
Price / SF$57.45
Days on Market22

Property Features for 131 W 2nd Street #1A

General Information

Standard status Active
Size 20,801 SF
Elevators Yes
Property subtype Commercial

Additional Details

Floor 1st and 2nd

Taxes and HOA fees

Annual Taxes $9,628

Building Details

Building Size 20,801 SF
Year Built 1887
Buildings 1
Listing Agency: NAI Ruhl Commercial Company
Listed By: Pete Hadjis · License #S67761000
Source: Jjillrealtygroup
Added: Aug 8 Changed: Aug 29 Last Checked: Aug 29 at 3:58PM

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.

The offering combines two condominium levels within the Historic Redstone Building, a commercial property completed in 1887. The approximately 5,099 SF first-floor space is arranged for restaurant and lobby use, while the approximately 15,702 SF second floor includes office and event or venue areas. An elevator connects the floors, and the layout supports office, entertainment, creative, hospitality, mixed-use, and owner-occupant concepts.

The property is located in downtown Davenport at 131 W 2nd Street, within walking distance of the Mississippi River, hotels, restaurants, bars, entertainment venues, and the Skybridge district. Adjacent parking options and downtown accessibility add practical convenience for occupants and visitors.

Key Highlights

  • Approximately 20,801 SF across combined first- and second‑floor condominium spaces
  • Approximately 5,099 SF first‑floor area configured for restaurant and lobby use
  • Approximately 15,702 SF second‑floor office and event or venue space

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

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

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 - Two-level commercial condominium combines restaurant, office, and event functionality.
Where is this mixed-use property located?
The property is located at 131 W 2nd Street #1A 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: Approximately 20,801 SF across combined first- and second‑floor condominium spaces; Approximately 5,099 SF first‑floor area configured for restaurant and lobby use; Approximately 15,702 SF second‑floor office and event or venue space
More about this property
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