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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$649,000

Est. payment - /mo

2,460 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 2,460 sqft

Price per Sqft $263

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

Area Davenport

Interior

Cooling Central Air, Window Unit(s)

Flooring Carpet, Wood

Fireplace N

Building

Dwelling Type Retail/Stores

Structure Type Wood Siding

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Listed by Shannon Elliott of Rainmaker Collective - Real Broker, LLC

Nearby School & Business

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Garrett Johnson

+1(847) 337-1157

Agent | License ID: 475.188206

Agent License ID: 475.188206

3727 Esplanade AVE Davenport, IA 52807

Garrett Johnson

Key Details

Location

Interior

Building

Nearby School & Business

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