111 W 2ND Street

Approximately 19,133 SF, four-story commercial building, centrally located in Downtown Davenport. The property is home to Phoenix Restaurant, a long-standing and still-operating local establishment that provides stability and consistent traffic. The sale includes the real estate, along with furniture, fixtures, equipment, and business goodwill, offered at $1,150,000 total ($800,000 allocated to real estate and $350,000 to FF&E and goodwill). Features include a freight elevator, full commercial kitchen, established restaurant and bar, and prominent 2nd Street frontage. Located near the riverfront, downtown entertainment venues, and downtown businesses, the property is well-positioned to benefit from ongoing investment and revitalization throughout the downtown district. The Phoenix remains open and operational. Zoned C-D, allowing for a mix of retail, office, residential, dining, and entertainment uses.