1317 5TH AVE Active Save Request In-Person Tour Request Virtual Tour
Moline,IL 61265
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 45,816 sqft
Price per Sqft $53
MLS Listing ID QC4263524
Annual Tax Amount $97,562
Tax Year 2024
Lot Size 0.280 Acres
Property Sub-Type Commercial
Property Description
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.
Location
State IL
County Mcdonough
Area Qcara Area
Zoning Commercial
Interior
Heating Forced Air
Cooling Central Air
Flooring Other
Exterior
View true
Roof Type Membrane
Building
Building Description Brick,Frame, Other
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Frame