1708 State St Bettendorf, IA 52722-4940
- Bars
- 4,498 SF
- 0.17 lot acres
Current Use by Public Records
- Harley Corins / Bar / Night Club
Property Details for 1708 State St
- Year built
- 1912
- Lot size
- 0.17 lot acres
- Property size
- 4,498 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 84286210811
- APU
- 84286210811
Description
This 4,498 square foot commercial building, located at 1708 State Street in Bettendorf, Iowa, presents a unique investment opportunity. Currently operating as a long-standing bar, the property offers significant potential for continued operation under new ownership or redevelopment. The single-level building boasts attractive curb appeal with a brick facade and ample street frontage. The property sits on a 0.16-acre lot. The existing bar and back bar fixtures are owned by the current tenant, who is interested in remaining in the space under new ownership. Showings require coordination due to the current tenant's occupancy. This property is being offered at $349,000. Note that adjacent properties at 1716 and 1720 State Street are also available for purchase, presenting the possibility of acquiring a larger contiguous parcel. This presents a rare chance to acquire a well-located commercial property in a thriving area, suitable for a variety of uses, subject to tenant rights. The property's established history as a bar provides a strong foundation for continued success in the hospitality industry, or it could be easily adapted to suit other commercial ventures. The building's size and layout offer flexibility for various business models. Serious inquiries are encouraged to explore this promising investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $460,000
- 7%
- $495,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $395,000
- Geo Method
- $460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $405,000
- Mixed-Use
- $475,000
- Hospitality
- $350,000
- Educational
- $375,000
- Residential Income
- $385,000
- Energy
- $405,000
- Income-Based Land
- $370,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- Bettendorf
- County
- Scott
- State
- Iowa
- Longitude
- -90.5082
- Latitude
- 41.5255
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA