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1409 5TH Avenue

Moline, IL 61265
  • $695,000
  • STATUS: Active
  • ON SITE: 160 Days
  • ID#: QC4237800
UPDATED: 51 min ago
$695,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Investment opportunity in Downtown Moline. Four story building with Chimes Taco Bar located on main level. Second floor currently serves as banquet room, with floors three and four vacant, and a basement. Re-development opportunity with the possibility of six apartments per floor. Each floor is 40x150. Public parking on 5th Avenue and Downtown Moline, with public lot in the back of building. Great Downtown location with many neighboring restaurants, bars and shops. Location provides easy access to I-74 servicing the Quad Cities and within walking distance to the Vibrant Arena at The Mark, and multiple hotel chains. Advance notice for showings.

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© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2023-03-23T08:44:56.127.
www.brysonsmithteam.com/homes/133906170
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1409 5TH Avenue Moline, IL 61265

  • Price: $695,000
  • Status: Active
  • On Site: 160 Days
  • Updated: 51 min ago
  • ID#: QC4237800
0
Beds
0
Baths
0
½ Baths
0.13
Acres
Neighborhood:
Qcara Area
County:
Rock Island
Area:
Qcara Area
Property Description
Investment opportunity in Downtown Moline. Four story building with Chimes Taco Bar located on main level. Second floor currently serves as banquet room, with floors three and four vacant, and a basement. Re-development opportunity with the possibility of six apartments per floor. Each floor is 40x150. Public parking on 5th Avenue and Downtown Moline, with public lot in the back of building. Great Downtown location with many neighboring restaurants, bars and shops. Location provides easy access to I-74 servicing the Quad Cities and within walking distance to the Vibrant Arena at The Mark, and multiple hotel chains. Advance notice for showings.
Exterior Features

Construction Materials BrickFrame Roof Flat

Interior Features

Building Area Total 24000 Cooling Central AirIndividual Control Flooring Tile/VinylWood Heating Forced AirGasZoned

Property Features

Agent Owned No Financing Cash OnlyConventional For Lease YN No For Sale YN Yes Frontage Type City StreetInside Lot Lease Term Not Applicable Levels Four Net Operating Income -17013 Owner Pays N/A Possible Use OtherInvestmentMulti-Family Sewer Public Sewer Tax Annual Amount 17013 Tax Incentive1 In City Limit Tax Year 2022 Tenant Pays Notapplic Type Commercial Water Source Municipal/City Zoning B-2

Listing provided courtesy of Shawn Langan of Nai Ruhl Commercial Company: Office: 563-355-4000.
© 2023 RMLS Alliance, LLC. All Rights Reserved.


© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2023-03-23T08:44:56.127.
 
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Bryson Smith Team | Keller Williams Premier Realty
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