Agent: Alex Kelly
Agent: Charlie Armstrong, SIOR
Agent: John Corelis
Agent: Thomas P. Dalton
Agent: Shawn Langan
Agent: John G. Ruhl
Agent: Richard Schaefer
Agent: Pete Stopulos
Agent: Richard Weinstein
Agent: Pete Hadjis
Agent: Ethan Simons
Agent: Carrie Lamb
Agent: Chris Beason
Listing ID: QC4269060
Sale: $499,000
Listing Courtesy Of Hawkeye Commercial Real Estate
Address: 1405 5TH Avenue
City: Moline
State: IL
Postal Code: 61265
County: Rock Island
Property Remarks
EXCITING INVESTMENT OPPORTUNITY - Discover this iconic 1922 Downtown Moline gem, perfectly positioned along bustling 5th Avenue. Formerly home to Analog and Late Rider, this well-loved bar and grill is primed for its next exciting chapter. The building has seen extensive upgrades, including new mini splits (2019), new 3rd-floor HVAC (2021), and updated electrical with two new breaker boxes. The spacious basement features a large walk-in cooler and a nearly new draft system (installed 2023). The kitchen boasts a new 10-foot hood and an updated prep area, ideal for modern operations. The third and fourth floors, each offering 6,000 SF, are currently vacant and ready for mixed-use redevelopment. The property is fully sprinklered. All FF&E is excluded from the sale but may be purchased separately, subject to negotiation and seller approval.
Features
Property Details
County: Rock Island
Property Type: Commercial Sale
Total Building SqFt: 18000
Flooring: Carpet, Concrete
Approximate Lot Acres: 0.12
Exterior Finish: Block, Brick
Frontage/Access: City Street
Water Supply: Municipal Water
Sale/Rent: For Sale Only