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111 W SECOND ST
DAVENPORT, IA 52801-1802
Asking Price
$850K
Asset Type
Restaurant Retail
Class
Class B
What's Special
Restaurant, Bar & Redevelopment Opportunity <ul><li>19,133 SF four-story mixed-use building with basement</li><li>Prime Downtown Davenport location near the Mississippi River</li><li>Existing restaurant, bar, and commercial kitchen infrastructure in place</li><li>Freight elevator servicing multiple floors</li><li>Flexible C-D zoning supports retail, office, residential, dining, and entertainment uses</li><li>Walkable to the Freight House, LeClaire Park, Modern Woodmen Park, and downtown entertainment district</li><li>Strong visibil
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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.59%
Monthly Payment
$4,204.841
Annual Cash Flow
$29,541.902
