Prime investment opportunity in the heart of Downtown Moline. This 45,816 SF mixed-use building offers 27 updated residential units (a mix of 1BR and 2BR) and 3 ground-floor commercial spaces, including long-term anchor tenant Tony’s Pizza. With six vacant residential units, there’s immediate upside for value-add investors. Originally built in 1915, the property blends historic character with modern updates like central air, elevator access, and solid brick construction. Priced under $55/SF, this asset offers strong potential for cash flow growth in a highly walkable location near employers, transit, and the riverfront.
1317 5TH Avenue Moline, IL 61265
For Sale
1317 5TH Avenue
Moline, IL 61265
Price: $2,450,000
Type:
Commercial Sale
Commercial
Lot Size (Acres): 0.28
Agent:
Shawn Langan
Agent Phone: 563-355-4000
Agent Email: slangan@ruhlcommercial.com
Broker:
NAI Ruhl Commercial Company
Broker Phone: 563-355-4000