Property Listing No Longer Available for Sale

1721 1725-1729 5th Avenue, Moline, IL

Retail for Sale - $570,000 - 14,744 Sq. Ft. on 0.43 acres


Property Info

CIMLS#911479
Location
  1721 1725-1729 5th Avenue
  Moline IL 61265
UpdatedOctober 13th, 2016
TypeRetail
Price$570,000
Building14,744 Sq. Ft.
Land0.43 acres

Property Description

Great multi-property investment opportunity available. 1721, 1725-1729 5th Avenue, and 455 18th Street for sale in downtown Moline. Strong rental history and occupancy with recent improvements completed on the roof, electrical, and HVAC systems. Current gross income of $50,736 yearly with higher income potential available. Please call listing agent for more information.

Location Description:

5th Avenue Downtown Moline

Highlights:

>> Great Opportunity to own multiple investment buildings in Downtown Moline along 5th Avenue

>> Mix of current uses include office, retail, light industrial and a market-rate apartment

>> Strong rental history with long-term tenants in place

>> Recent improvements include: newer roof, updated electrical wiring, new HVAC units

>> 14,292 SF total

>> 18,750 SF Lot (0.43 acres)

>> Zoned B-2

>> $60,736 GOI per year (opportunity for additional income)

* Email for additional photos


Financials

Sales Info:

>> Commision split: 2.5%


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