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Listed by Shannon Elliottof Rainmaker Collective - Real Broker, LLC
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Est. payment /mo
2,460 SqFt
Active
3727 Esplanade Avenue Davenport, IA 52807
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Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 2,460 sqft
MLS Listing ID 100000359
Year Built 1972
Annual Tax Amount $5,684
Tax Year 2024
Lot Size 0.420 Acres
Lot Dimensions 18408
Property Sub-Type Retail/Stores
Property Description
Now Available! A rare opportunity to own a legendary local establishment with 53+ years of history. The Gallery Lounge has been proudly owned and operated by the same family for over 43 years and is now ready for its next chapter. Known for its welcoming atmosphere and long-standing community presence, this turnkey bar/lounge gives a new owner the chance to step into a well-established business with loyal clientele from day one. Featuring a classic rectangle "Cheers-style" bar and a one-of-a-kind brass beer tap system, this property offers authentic character you won't find anywhere else. The sale includes the building, all bar assets, liquor/beer inventory, and glassware, ensuring a seamless ownership transition. Located on a 0.42-acre main parcel with generous parking, the sale also includes two adjoining parcels-one with a garage and another with a shed-providing additional storage and future expansion options. Interior Features * Two pool tables * Dance floor with DJ booth * High-quality sound system & lighting equipment * Nostalgic decor and classic motif * New ice maker * Four draft lines * Two pop guns * Berg liquor pouring system Outdoor Amenities * Private deck/patio * Seasonal gazebo * Ample space for hosting events and gatherings Whether you're an operator looking to expand or an entrepreneur ready to bring new energy to a beloved icon, this property is primed for continued success. Seller reserves the memorial wall and Toys for Tots wall; all other personal property conveys. A truly turnkey opportunity-take the reins and elevate this long-standing local favorite with fresh ideas and modern marketing!
Location
State IA
County Scott
Interior
Cooling Central Air, Window Unit(s)
Flooring Carpet, Wood
Fireplace N
Exterior
View Y/N true
Building
Structure Type Wood Siding
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