1731 6th St Davenport, IA 52802-1024
- Bars
- 4,210 SF
- 0.15 lot acres
Current Use by Public Records
- Chuck's Tap / Bar & Grill
Property Details for 1731 6th St
- Year built
- 1896
- Construction
- FRAME
- Lot size
- 0.15 lot acres
- Property size
- 4,210 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- H0053-14
- APU
- H005314
Description
This exceptional Davenport, IA investment opportunity presents a rare chance to acquire a thriving mixed-use property at 1731 W 6th Street, encompassing a well-established restaurant/bar, three income-generating apartments, and a separate single-family home. The 3,577 square foot main building, completely renovated in 2022 following a fire, boasts a 2,205 square foot turnkey restaurant/bar, fully equipped with a Vulcan range, auto-fry machine, walk-in cooler, and all furniture, fixtures, and equipment. The restaurant's high-profile location and large parking lot (40 spaces) with a covered patio ensure strong potential for continued success. Above the restaurant are three apartments currently rented month-to-month, generating rental income of $600, $650, and $750 respectively. An additional 1,240 square foot, three-bedroom, one-bathroom single-family home at 1727 W 6th Street, also rented month-to-month for $750, is included in the sale. The property sits on a 0.32-acre lot and is zoned for mixed use, offering flexibility for future development. The combined net rentable square footage is 3,446. This property is a unique opportunity for an investor seeking a diversified portfolio with immediate cash flow and significant upside potential. The two buildings were constructed in 1896. The asking price is $525,000. APN: H0053-14
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.601
- Latitude
- 41.5254
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
