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32794010
32794011

131 W. 2nd St., Davenport, IA 48503

SL
IA S62759000, IL 475162291
NAI Ruhl Commercial Company
PH
IA S67761000, IL 475188914
NAI Ruhl Commercial Company
CL
IL 475207758, IL
NAI Ruhl Commercial Company
Listed by NAI Ruhl Commercial Company
$1,195,000
19 days on market
Updated 19 days ago
Opportunity zone

Historic Redstone Condo Opportunity | Downtown Davenport

Details
APN L0010-33D
Property Type Mixed Use, Office (+2)
Sub Type Restaurant, Bar (+1)
Square Footage 20,801
Tenancy Single
Year Built 1887
Zoning C-D
Investment Type Redevelopment

Mixed Use | 20,801 SqFt

Marketing description

Rare opportunity to acquire approximately 20,801 SF within the iconic Historic Redstone Building in Downtown Davenport, including approximately 15,702 SF of office and event/venue space on the 2nd floor and approximately 5,099 SF of restaurant/lobby space on the 1st floor. Flexible mixed-use opportunity ideal for office, entertainment, hospitality, creative workspace, event venue, restaurant, bar, or owner-occupant concepts.

1st floor currently home to The Lemonade Stand Restaurant, featuring an open dining layout, large bar area, stage area, kitchen space, and additional basement kitchen/storage components. 2nd floor currently configured with office and venue/event space offering flexible layouts and elevator accessibility.

Located in the heart of Downtown Davenport within walking distance to the Mississippi River, RiverCenter, hotels, restaurants, bars, theatres, entertainment venues, and the Skybridge district. Historic building with strong architectural character, prominent downtown presence, and excellent visibility. Property is directly adjacent to a city-owned parking ramp with covered access for guests, employees, and visitors.

Investment highlights

  • Rare opportunity to acquire approximately 20,801 SF within the iconic Historic Redstone Building in Downtown Davenport, including approximately 15,702 SF of office and event/venue space on the 2nd floor and approximately 5,099 SF of restaurant/lobby space on the 1st floor
  • Flexible mixed-use opportunity ideal for office, entertainment, hospitality, creative workspace, event venue, restaurant, bar, or owner-occupant concepts
  • 1st floor currently home to The Lemonade Stand Restaurant, featuring an open dining layout, large bar area, stage area, kitchen space, and additional basement kitchen/storage components
  • 2nd floor currently configured with office and venue/event space offering flexible layouts and elevator accessibility
  • Located in the heart of Downtown Davenport within walking distance to the Mississippi River, RiverCenter, hotels, restaurants, bars, theatres, entertainment venues, and the Skybridge district
  • Historic building with strong architectural character, prominent downtown presence, and excellent visibility
  • Property is directly adjacent to a city-owned parking ramp with covered access for guests, employees, and visitors
  • Building serviced by passenger and freight elevators
  • Opportunity for investment, owner-occupancy, redevelopment, or adaptive mixed-use repositioning
  • Located in the flood plain

Listing Contacts

SL
IA S62759000, IL 475162291
NAI Ruhl Commercial Company
PH
IA S67761000, IL 475188914
NAI Ruhl Commercial Company
CL
IL 475207758, IL
NAI Ruhl Commercial Company
Listed by NAI Ruhl Commercial Company

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Additional Information

Name
Shawn Langan
License
S62759000
Brokerage
NAI Ruhl Commercial Company
Brokerage Phone
563.355.4000
Name
Pete Hadjis
License
S67761000
Brokerage
NAI Ruhl Commercial Company
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