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131 2Nd St Davenport, IA 52801

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For Sale
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Prime Location, Restaurant Space, $399,000

Property Features for 131 2Nd St

General Information

Property type
Restaurants

Building Details

Buildings
1

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Listing Contact
Shawn Langan
Shawn Langan

Listing Agency: NAI Ruhl Commercial Company Listing Agent: Shawn Langan

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a first-floor restaurant condominium for sale within the prestigious Historic Redstone Building in Davenport, Iowa. Currently housing the operational Lemonade Stand Restaurant, this 3,703 square foot space (approximate, post-subdivision) offers an open floor plan ideal for dining, a sizable bar area, a stage, and a fully equipped kitchen. A substantial basement area adds further utility, complete with a second kitchen, walk-in cooler, and freezer. The prime downtown location boasts walkability to theaters, hotels, shops, the Mississippi River, and numerous other amenities. The building itself features a convenient elevator, adjacent city ramp access, and covered parking. This property is perfectly suited for a variety of food service businesses, including restaurants, bars, quick-service restaurants (QSRs), or coffee shops. The building's diverse tenant mix includes the Garrison Restaurant on the main level and thriving office spaces on the second and fourth floors, ensuring a vibrant and active environment. The condo unit will be a newly subdivided parcel. This is a rare chance to own a piece of Davenport's vibrant downtown core.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

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

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Davenport
County
Scott
State
Iowa
Longitude
-90.5751843
Latitude
41.5210831

FAQs

What type of property is this?
Restaurant - Prime Location, Restaurant Space, $399,000
Where is this restaurant located?
The property is located at 131 2Nd St Davenport, IA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: $399,000 asking price.; 1st-floor restaurant condo in Davenport, IA's historic Redstone Building.; 0.26-acre lot, 3,703 sq ft (approx.), including basement space.
(563) 823-5113 Call to check price and availability
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