For Sale
$2,600,000

2108 11Th St Davenport, IA 52803

Established Restaurant, Turn-Key Operation

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity encompasses a thriving, established restaurant located at 2108 E 11th Street in Davenport, Iowa's vibrant "Village of East Davenport." The 12,835 square foot property, built in 1860, sits on a 0.29-acre lot (APN: E0030-30B, E0030-31, E0030-27) and is zoned for commercial use. The turnkey operation includes all owned equipment, eliminating leasing concerns. The restaurant, known as "11th Street Precinct Bar & Grill," features a diverse menu including burgers, pizza, pasta, and salads, complemented by twenty beers on tap. Further enhancing its appeal are two private party rooms, a heated outdoor patio, and a furnished one-bedroom apartment. This offering extends beyond the restaurant itself, encompassing additional commercial buildings and two apartments situated at 2114 11th Street and 1109 Mound Street. The asking price is $2,600,000. Note that the square footage and tax assessments reflect the inclusion of these additional properties. This presents a unique opportunity to acquire a profitable, established business with significant real estate holdings in a desirable location.

Highlights

  • $2,600,000 asking price.
  • 12,835 square foot restaurant and commercial property on 0.29 acres.
  • Located at 2108 E 11th Street, Davenport, IA 52803.
  • Includes one main building built in 1860, plus two additional commercial buildings and two apartments at 2114 11th St & 1109 Mound St.
  • Established restaurant with all equipment owned, not leased; features include two private party rooms, a heated outdoor patio, and a furnished one-bedroom apartment.

Property Details for 2108 11Th St

Property type
Retail properties, Restaurants
Square Feet
12,835 SF
Year Built
1860
Buildings
1

Location Insight

City
Davenport
County
Scott
State
Iowa
Latitude
41.5312309
Longitude
-90.5460222

FAQs

What type of property is this?
Retail property - Established Restaurant, Turn-Key Operation
Where is the retail property located?
The property is located at 2108 11Th St Davenport, IA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: $2,600,000 asking price.; 12,835 square foot restaurant and commercial property on 0.29 acres.; Located at 2108 E 11th Street, Davenport, IA 52803.
How can I contact the broker?
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2108 11Th St
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