Address
1518 5Th Moline, IL
Price
$ 2,150,000
Property Attributes
- MLS#QC4217496
- TypePending
- CountyROCK ISLAND
- CityMoline
- AreaQCARA Area
- Zip61265
- StyleCommercial/CIE
- Year Built1912
- Taxes$ 29486
- Price$ 2,150,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage62610
Listing Provided Courtesy Of:
Alex Kelly with NAI Ruhl Commercial Company
Data Source:
Quad City Area MLS (QCAR) - 401 - IA
Property Description
Great investment and development opportunity for the Reliance & Malcom buildings located in the Downtown Moline Commercial Historic District. The connected 5-story and 3-story buildings total 62,610 SF (53,970 SF & 8,640 SF). Extensive renovations have been completed with floors 1-3 new plumbing, electrical, windows, HVAC, and quality interior finishes. The retail tenants on the 1st and 2nd floor are University Club (banquet hall) Cafe Fresh (restaurant) and Debord's (catering). The third floor is renovated office space with three suites. Floors 4-5 are in shell condition with the opportunity to develop 17 apartments. The buildings are located in a TIF district and additional incentives available for the future development of the 4/5 floors. Please call the LA for additional information.
| Price History | |
|---|---|
| 12/8/2020 | Listed $2,150,000 |
General Features
| City | Moline |
|---|---|
| County | Rock Island |
| Flooring | Wood |
| Listing Type | Exclusive Right to Sell |
| Status | Pending |
| Type | Commercial/CIE |
| Year Built | 1912 |
Exterior Features
| Approx Lot SqFt | 20300 |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 61265
Price
Taxes
Visits
Year Built
Walkscore
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