Active

131 2ND Street

Davenport, IA 52801
$340,000 ▼ $59,000 from $399,000
0beds
0baths
sqft
0.26acres
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About this home

1st floor condominium for sale in the iconic Historic Redstone Building, currently home to The Lemonade Stand Restaurant, which remains open and operational. This property offers a fantastic investment opportunity or the potential for owner-occupancy. It is ideal for a restaurant, bar, QSR, coffee shop, or other service-related businesses. This prime location in the heart of Downtown Davenport is within walking distance of theaters, hotels, bars, restaurants, shops, the Mississippi River, and more. Space features, Open floor layout perfect for dining, large bar area, stage area, kitchen space, and additional basement portion with a full kitchen, including a walk-in cooler and freezer. The main level of the building also hosts the Garrison Restaurant, while the 2nd and 4th floors feature thriving office businesses. The building is serviced by an elevator, with city ramp and covered parking adjacent to the south. Please note: This condo unit will be subdivided and parceled off into a new condo unit that will be approximately 3,703 square feet, including a portion of the basement.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1887
Lot size0.26 acres
Annual tax$8,175
CountyScott
MLS #MRDQC4255024
Days on market636

Features

Cooling
Central Air
Construction
BrickStone
Listed by
NAI Ruhl Commercial Company
Shawn Langan · 563-343-6597

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/27/2026, 5:26:29 AM. All data should be independently verified.

$340,000
0 bd · 0 ba
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