Active
1729 5TH Avenue
Moline IL, 61265-1371
$389,900
$51.21 per sqft
Active
7,614 sqft
Commercial
Built in 1905
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(r) Licensed in IA, IL & FL
QC4256587
MLSⓇ ID
September 17, 2024
Listed
October 1, 2024
Updated
Map
1729 5TH Avenue
Moline IL, 61265-1371
Interior Features
Total Stories
2
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Gas
Exterior/Building Features
Lot Size
0.28 Acres
Roof
Flat
Sewer
Public Sewer
Other Property Details
Taxes
$6,507
Tax Frequency
Annually
Days on Market
6
Garage
No
View
No
County
Rock Island
Water Source
Municipal/City
Pool
No
Zoning
Commercial
Listed by with RE/MAX Concepts Bettendorf
Listing Contact: [email protected]
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Based on information submitted to the MLS GRID as of 10/1/2024