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Property profile & analytics

246 3rd St Davenport, IA 52801-1902

  • Turn key restaurants
  • 14,154 SF
  • 0.10 lot acres
OFF-MARKET
Value Estimations
$335,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US25-1296967
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Landmark Apartments / Apartment Building
  • Valley Health Services / Community Health Centre
  • Smashing Dealz / Advertising Agency

Property Details for 246 3rd St

Year built
1840
Lot size
0.10 lot acres
Property size
14,154 SF
Property type
Turn key restaurants
APN
L0007-16A
APU
L000716A

Description

This exceptional turnkey bar or restaurant opportunity is situated on a highly visible corner lot at the intersection of Harrison Street and West 3rd Street in the heart of downtown Davenport. The property consists of two buildings totaling 3,200 square feet, perfect for a thriving food and beverage establishment. The single-tenant occupancy offers a streamlined operation, and the C-4 zoning allows for a variety of commercial uses. The property includes a dedicated parking lot, a significant advantage in a bustling downtown area. The current rental rate for the entire property is $3600 per month, offering a strong potential return on investment. This prime location ensures high foot traffic and excellent brand visibility, making it an ideal opportunity for an established business or a new venture seeking a prominent downtown presence. The property's unique corner location maximizes exposure to passing traffic, ensuring maximum visibility for your business. This is a rare opportunity to acquire a well-positioned, turnkey commercial property in a vibrant downtown setting. The APN is L0007-16A. This property is ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $335,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Davenport
County
Scott
State
Iowa
Longitude
-90.5768
Latitude
41.5226
CBSA code
19340
CBSA name
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,586
$83,640
$457,530
$541,170
-
$83,640
$457,530
$541,170
More about this property
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