Agent: Shawn Langan
Agent: Pete Hadjis
Listing ID: QC4248636
Investment,Multi-Family,Other
Sale: $399,000
Listing Courtesy Of NAI Ruhl Commercial Company
Address: 1409 5th Avenue
City: Moline
State: IL
Postal Code: 61265
Acres: 0.13
County: Rock Island
Property Remarks
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.
Features
Property Details
County: Rock Island
Zoning: B-2
Available SqFt: 24000
Cooling: Central Air,Individual Control
Heating: Forced Air,Gas,Zones
Insulation: Partial
Total Building SqFt: 24000
Flooring: Tile/Vinyl,Wood
Approximate Lot SqFt: 6000
Exterior Finish: Brick
Frontage/Access: City Street,Inside Lot
Number of Buildings: 1
Roof Construction: Flat
Sewer Source: Public Sewer
Wall Construction: Brick,Frame
Water Supply: Municipal/City
Area/Tract: QCARA Area
Location: Downtown
Building Description: 4 Story
Confidential Listing New: MLS Listing
Input Type: CIE
Listing Visibility Type: MLS Listing
Property Use: Other Property Use
Annual Taxes: 16510.08
For Lease: No
For Sale: Yes
Owner Pays: N/A
Possible Financing: Cash,Conventional
Sale/Lease Includes: Building,Business
Tax Year: 2022