Description
Own the historical G.M. Ford building constructed in 1891 and adjacent structure in 1901. Full renovation in 2003-4 features a full basement, first floor built out as restaurant, partial mezzanine and two rented apartments configured as a one bedroom and two bedroom brings in about $26,000 of annual income. Two Bedroom has been redone recently. Best downtown Moline site with large public parking lot and parking ramp across street. +/-7,176 total square feet of space above grade. Newer TPO roof. For Lease at $5,000 per month modified gross. Seller is a licensed real estate broker in Iowa & Illinois. Seller intends to perform a 1031 exchange and buyer to cooperate at no additional expense to buyer.
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0BEDS
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0.09ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Own the historical G.M. Ford building constructed in 1891 and adjacent structure in 1901. Full renovation in 2003-4 features a full basement, first floor built out as restaurant, partial mezzanine and two rented apartments configured as a one bedroom and two bedroom brings in about $26,000 of annual income. Two Bedroom has been redone recently. Best downtown Moline site with large public parking lot and parking ramp across street. +/-7,176 total square feet of space above grade. Newer TPO roof. For Lease at $5,000 per month modified gross. Seller is a licensed real estate broker in Iowa & Illinois. Seller intends to perform a 1031 exchange and buyer to cooperate at no additional expense to buyer.
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