1405 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 18,000 sqft
Price per Sqft $27
MLS Listing ID QC4269060
Year Built 1922
Annual Tax Amount $13,465
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Commercial
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
Area Qcara Area
Zoning SX-1
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Flooring Carpet,Concrete
Exterior
View true
Roof Type Tar/Gravel
Building
Sewer Public Sewer
Water Municipal/City
Structure Type Block,Brick