7
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$349,000
Est. payment /mo
24,000 SqFt
Active
1409 5TH AVE Moline, IL 61265
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 24,000 sqft
Price per Sqft $14
MLS Listing ID QC4248636
Annual Tax Amount $17,603
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Commercial
Source rmlsa
Property Description
Rare mixed-use opportunity in the heart of Downtown Moline! This four-story, ±24,000 SF brick building features a fully equipped, turn-key restaurant on the ground floor with prominent storefront visibility. The second floor offers a beautifully finished banquet or event space, ideal for receptions, weddings, or creative reuse. The third and fourth floors are wide open and ready for redevelopment—conceptual layouts support up to six apartments per floor, boutique offices, or hospitality suites. Each level spans approximately 6,000 SF (40' x 150'), and the property also includes a full basement for storage or future build-out. Situated just steps from the Vibrant Arena at The MARK and surrounded by restaurants, shops, and hotels, this location benefits from heavy foot traffic and easy access to I-74. Public parking is available in front of the building and in the lot directly behind. A standout opportunity for an owner-user, operator, or developer to establish a flagship presence in a thriving downtown corridor. Situated within TIF District 13 (designated in 2016 and running through 2039), the property offers meaningful potential for leveraging tax increment financing to support redevelopment.
Location
State IL
County Rock Island
Area Qcara Area
Zoning SX-2
Direction 14th Street & 5th Ave.
Interior
Heating Forced Air, Natural Gas, Zoned
Cooling Central Air, Multi Units
Flooring Tile, Wood
Fireplace N
Exterior
View true
Roof Type Flat
Garage 1
Building
Faces 14th Street & 5th Ave.
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Frame
Others
Tax ID 08-32-406-004
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