Property Listing No Longer Available for Sale

1405 5th Avenue, Moline, IL

Retail for Sale - $430,000 - 18,000 Sq. Ft. on 0.12 acres


Property Info

CIMLS#909080
Location
  1405 5th Avenue
  Moline IL 61265
UpdatedDecember 2nd, 2016
TypeRetail
Price$430,000
Building18,000 Sq. Ft.
Land0.12 acres

Property Description

Great restaurant opportunity in the heart of the downtown Moline business district. Price includes the building and all FF&E's. First through 3rd floors completely finished and sprinklered. Fourth floor suitable opportunity for apartments; partially sprinklered. A/C replaced in 2010. Located in TIF and Enterprise Zone Freight Elevator.

Location Description:

Located in downtown Moline near Bent River Brewing, Lagomarcino's, and Barrel House.

Highlights:

>> Beautiful building with many improvements and opportunities with new WIU campus and hotel

>> First through third floors completely finished and sprinklered

>> Third floor has been completely renovated to new banquet facility or could easily be converted to accommodate up to six apartments

>> Fourth floor suitable opportunity for apartments; partially sprinklered (can accommodate up to 6 apartments)

>> A/C replaced in 2010

>> Located in TIF and Enterprise Zone

>> Outdoor seating and freight elevator

>> Built in 1922

>> Zoned for Commercial

>> Turnkey opportunity - Building and business which includes FF&E's

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Financials

Sales Info:

>> Commision split: 3.0%