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Property profile & analytics
OFF-MARKET
Turn key restaurants

118 4th St Davenport, IA 52801

5,120 SF 0.14 ac lot Built 1965
Entity Owned 1-yr Hold Free & Clear
Property ID
US25-2383216
Property summary
AI-generated overview

This exceptional 5,120 square foot turn-key restaurant and bar space is ideally situated in Davenport, Iowa's vibrant East corridor. Located at 118 E 4th Street, this single-tenant property boasts a highly visible location, neighboring the prestigious Hotel Blackhawk and new apartment complexes, ensuring high foot traffic and excellent visibility. The property is zoned C-D and features a flexible floor plan encompassing multiple dining areas, a large granite-topped bar, and a highly efficient kitchen layout. All furniture, fixtures, and equipment are included in the lease, making this a truly move-in ready opportunity. Significant capital improvements were completed in 2020, including a complete HVAC system overhaul, roof replacement, sprinkler system upgrade, electrical and plumbing updates, new windows and doors, and a full interior remodel. Recent additions include a new walk-in cooler and freezer, along with a 20-foot Ansul hood system, ensuring the highest standards of safety and efficiency. This property presents a rare opportunity for a restaurant or bar operator to establish themselves in a prime location within a thriving downtown area. The property's APN is G0057-10C. The building consists of one building with one suite.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Total area 5,120 SF
Lot 0.14 ac (5,891 SF)
APN G0057-10C
UPID US25-2383216
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
  • Toasted Hotel & Motel Resort
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
$205,000
5 recorded transactions
2025
Price N/A
2025
Price N/A
2024
$370,000
2020
$205,000
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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