$75,000
Est. payment /mo
24,000 SqFt
Price Dropped by $274K
1409 5TH AVE Moline, IL 61265
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Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 24,000 sqft
Price per Sqft $3
MLS Listing ID QC4248636
Year Built 1931
Annual Tax Amount $17,603
Tax Year 2024
Lot Size 5,662 Sqft
Property Sub-Type Retail/Stores
Property Description
Rare mixed-use opportunity in the heart of Downtown Moline. This four-story, 24,000 SF brick building features a ground-floor commercial space (former restaurant) with prominent storefront visibility, offering flexibility for a variety of retail or restaurant concepts. The second floor is finished banquet or event space, ideal for receptions, weddings, or creative reuse. The third and fourth floors are wide open and ready for redevelopment-conceptual layouts support up to six apartments per floor, boutique office space, or hospitality suites. Each level spans approximately 6,000 SF (40' x 150'), and the property also includes a full basement for storage or future build-out. Located just steps from the Vibrant Arena at The MARK and surrounded by restaurants, shops, and hotels, the property benefits from strong foot traffic and convenient access to I-74. Public parking is available in front of the building and in the lot directly behind. A strong opportunity for an owner-user, operator, or developer to establish a presence in a growing downtown corridor.
Location
State IL
County Rock Island
Area Moline
Interior
Cooling Central Air
Flooring Tile, Wood
Fireplace N
Building
Dwelling Type Retail/Stores
Water Municipal Water
Structure Type Brick,Frame
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Listed by Shawn Langan of NAI Ruhl Commercial Company
NEARBY SCHOOL & BUSINESS
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