For Sale
$190,000

1601 3Rd St Davenport, IA 52802

Established Restaurant, Updated, High Traffic

Overview

Added:
Feb 3
Days on market:
78
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.

Property Details for 1601 3Rd St

Property type
Commercial real estate
Square Feet
1,664 SF
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Davenport
County
Scott
State
Iowa
Latitude
41.52217
Longitude
-90.5991

FAQs

What type of property is this?
Commercial real estate - Established Restaurant, Updated, High Traffic
Where is the commercial real estate located?
The property is located at 1601 3Rd St Davenport, IA.
What is the asking price?
The asking price for this property is $190,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1601 3Rd St
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