131 2Nd St Davenport, IA 52801

This exceptional investment opportunity presents a first-floor restaurant condominium for sale within the prestigious Historic Redstone Building in Davenport, Iowa. Currently housing the operational Lemonade Stand Restaurant, this 3,703 square foot space (approximate, post-subdivision) offers an open floor plan ideal for dining, a sizable bar area, a stage, and a fully equipped kitchen. A substantial basement area adds further utility, complete with a second kitchen, walk-in cooler, and freezer. The prime downtown location boasts walkability to theaters, hotels, shops, the Mississippi River, and numerous other amenities. The building itself features a convenient elevator, adjacent city ramp access, and covered parking. This property is perfectly suited for a variety of food service businesses, including restaurants, bars, quick-service restaurants (QSRs), or coffee shops. The building's diverse tenant mix includes the Garrison Restaurant on the main level and thriving office spaces on the second and fourth floors, ensuring a vibrant and active environment. The condo unit will be a newly subdivided parcel. This is a rare chance to own a piece of Davenport's vibrant downtown core.