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Listed by Max Gellermanof Hawkeye Commercial Real Estate
$ 499,000
Est. payment /mo
Active
1405 5TH Avenue Moline, IL 61265
18,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 18,000 sqft
Price per Sqft $27
MLS Listing ID QC4269060
Year Built 1922
Annual Tax Amount $13,465
Lot Size 5,227 Sqft
Property Sub-Type Retail/Stores
Property Description
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.
Location
State IL
County Rock Island
Zoning SX-1
Interior
Cooling Central Air
Flooring Carpet, Concrete
Fireplace N
Exterior
View Y/N true
Roof Type Tar/Gravel
Building
Water Municipal Water
Structure Type Brick,Block
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