1405 5TH AVE, Moline, IL 61265
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$ 499,000
Est. payment | /mo

18,000 SqFt


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$ 499,000
Est. payment | /mo
Save

18,000 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

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

Lot Size 5,227 Sqft

Property Sub-Type Retail/Stores

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 Moline

Zoning SX-1

Interior

Cooling Central Air

Flooring Carpet, Concrete

Fireplace N

Exterior

Roof Type Tar/Gravel

Building

Dwelling Type Retail/Stores

Water Municipal Water

Structure Type Brick,Block

Midwest Real Estate Data (MRED) IDX
Listed by Max Gellerman of  Hawkeye Commercial Real Estate 
Mark Rantis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1405 5TH AVE