IL > Moline
Moline, IL 61265-1371,1729 5TH AVE
Moline, IL 61265-1371,1729 5TH AVE
Moline, IL 61265-1371,1729 5TH AVE
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Robert Bermes • RE/MAX Concepts Bettendorf
$425,000
Est. payment /mo
7,614 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,614 sqft

Price per Sqft $55

MLS Listing ID QC4256587

Originating Board rmlsa

Year Built 1905

Annual Tax Amount $6,506

Tax Year 2023

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 150x77x152x79

Property Sub-Type Commercial

Property Description

Seize the chance to own a piece of Moline's history with the renowned Knox Building, a cornerstone property at the intersection of 5th Ave & 18th St. This fully rented, mixed-use building has 3 commercial spaces on the main level & a 4-bed loft apt occupying the entire 2nd floor. There's also a standalone commercial space. 2 long-term commercial tenants have been there for over 20yrs, ensuring stability in rental income. As one of the stops on the city's historic tour, this recently renovated property combines charm & modern amenities. The property's location in the heart of downtown Moline provides excellent visibility & access, making it a highly desirable spot for both retail & residential tenants. With a total projected income of $67k+/yr, this property offers a healthy cash flow & a solid investment. Don't miss this opportunity to own a piece of Moline's history while enjoying steady returns. Newer furnaces & gutters. Off-street parking for tenants & customers. Seller is a REALTOR® Licensed in IA, IL & FL

Location

State IL

County Rock Island

Area Qcara Area

Zoning Commercial

Direction Corner of 5th Avenue and 18th Street

Interior

Heating Forced Air, Gas

Cooling Central Air

Flooring Concrete

Fireplace N

Exterior

View true

Roof Type Flat

Garage 1

Building

Faces Corner of 5th Avenue and 18th Street

Sewer Public Sewer

Water Municipal/City

Structure Type Brick,Glass

Others

Tax ID 08-32-221-005

Miscellaneous Pets Approved

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Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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1729 5TH AVE

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