Shawn Langan
Agent: Shawn Langan
Pete Hadjis
Agent: Pete Hadjis
Listing ID: 12588187
Listing Courtesy Of NAI Ruhl Commercial Company
Address: 1317 5TH Avenue
City: Moline
State: IL
Postal Code: 61265
County: Rock Island
Property Remarks
Prime investment opportunity in the heart of Downtown Moline. This 45,816 SF mixed-use building offers 27 updated residential units (a mix of 1BR and 2BR) and 3 ground-floor commercial spaces, including long-term anchor tenant Tony's Pizza. With six vacant residential units, there's immediate upside for value-add investors. Originally built in 1915, the property blends historic character with modern updates like central air, elevator access, and solid brick construction. Priced under $55/SF, this asset offers strong potential for cash flow growth in a highly walkable location near employers, transit, and the riverfront.
Features
Property Details
County: Rock Island
Property Type: Commercial Sale
Total Building SqFt: 45816
Approximate Lot Acres: 0.28
Exterior Finish: Brick, Frame
Frontage/Access: Other, City Street
Water Supply: Municipal Water
Tax Year: 2024
