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Property profile & analytics
OFF-MARKET
Turn key restaurants

1113 Mound St Davenport, IA 52803-3925

5,653 SF 0.14 ac lot Built 1969
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0600341
Property summary
AI-generated overview

This exceptional turn-key restaurant and bar opportunity is located in the historic Village of East Davenport, Iowa, at 1113 Mound St, zip code 52803. The property, a single-story, 5,653 square foot building on a 6,000 square foot lot, was built in 1969 and extensively renovated in 2016. It's currently vacant and zoned B-3. The spacious layout includes a 2,620 square foot bar and dining area featuring a 24-foot granite bar, a wheelchair lift, and a flexible seating arrangement with a stage and dance floor. The substantial 2,430 square foot kitchen boasts two large hoods (10-15 feet), high ceilings (10-13 feet), and updated electrical, plumbing, and mechanical systems. A newer wet sprinkler system enhances safety. This property presents a unique chance to acquire an established, well-equipped restaurant and bar in a desirable location. The asking price is $395,000. The property is owned by an LLC and is currently vacant. The building consists of one unit.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Total area 5,653 SF
Lot 0.14 ac (6,000 SF)
APN E0030-26
UPID US25-0600341
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Eleven17 Bar & Pub
  • Coia's Meat Lab Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Caks LLC · 1 yrs held
Caks LLC
since 2025
Last sale
$210,000
7 recorded transactions
2025
Price N/A
2025
Price N/A
2025
$210,000
2022
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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