Centennial Contractors buys former K's Merchandise building


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Posted Online: Feb. 13, 2013, 8:21 pm
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By Sarah Hayden shayden@qconline.com
Moline-based Centennial Contractors has bought the former K's Merchandise, 1320 W. Kimberly Road, Davenport, and plans to turn it into a space for retail businesses.

The 79,000 square-foot building was listed for $1 million, but Centennial co-owner Zack Sottos said they bought it in December for $850,000.

Mr. Sottos said he and co-owners Jim Massa and Jayme Massahave the property listed with Ruhl and Ruhl Realty. If they are unable to resell it, they will subdivide it into two retail spaces for lease.

"I think it's a good area; we've been watching it for a while," Mr. Sottos said. "The building is in great shape, and everything's functional."

He said they have removed all the shelving inside and are cleaning up the outside, and they are workingwith the city of Davenport to draw up plans to subdivide the lot.

Centennial wants to parcel the corner of the parking lot on Marquette Street and Kimberly Road to attract another retailer or restaurant, Mr. Sottos said.

"It's a high-traffic area and good for business."


















 



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  Today is Friday, Aug. 1, the 213th day of 2014. There are 152 days left in the year.

1864 — 150 years ago: A mad dog was shot in Davenport after biting several other canines and snapping at several children. The police should abate this nuisance — there are about 500 dogs in this city that ought to be killed at once.
1889 — 125 years ago: Track laying operations on 2nd Avenue, stopped by the Moline-Rock Island company last spring for lack of rail, have been resumed.
1914 — 100 years ago: Bulletins allowed to come through the strong continental censorship of all war news indicated that Germany was advancing with a dash against both Russia and France.
1939 — 75 years ago: Emil J Klein, of Rock Island, was elected commander of Rock Island Post 200, American Legion.
1964 — 50 years ago: Members of the Davenport police department and their families are being invited to the department's family picnic to be held Aug. 27 at the Mississippi Valley Fairgrounds.
1989 — 25 years ago: Beginning this fall, Black Hawk College will offer a continuing education course in horseback riding at the Wright Way Equestrian Center, Moline, located just east of the Deere Administration Center.




(More History)