1601 3rd St Davenport, IA 52802-1139

Property Details for 1601 3rd St

Year built

1900

Construction

FRAME

Lot size

0.13 lot acres

Property size

1,664 SF

Property type

Commercial real estate

APN

K0005-34

APU

K000534

Description

This 1,664 square foot commercial property located at 1601 W 3rd Street in Davenport, Iowa presents a fantastic opportunity for a new business owner. Situated on a busy one-way street, this location boasts high visibility and significant foot traffic, making it ideal for a restaurant or similar venture. The building sits on a 0.13-acre lot and has a list price of $190,000. The property has a rich history, having housed two successful pizza restaurants over the years, establishing a strong reputation within the Quad Cities area. Under current ownership since 2021, the property has undergone significant improvements. All mechanical systems have been updated to ensure efficiency and reliability. Furthermore, the addition of new fryers enhances the culinary capabilities of the space. A thorough inspection has been completed, confirming the building's compliance with all relevant building codes. This turnkey operation offers a seamless transition for a new owner, minimizing upfront investment and maximizing potential for immediate success. All fixtures, furniture, and equipment (FF&E) are negotiable, providing flexibility for the incoming business to customize the space to their specific needs. This is a rare opportunity to acquire an established and well-maintained commercial property in a prime Davenport location.