Address
1518 5Th Moline, IL
Price
$ 2,150,000
Property Attributes
  • MLS#QC4217496
  • TypePending
  • CountyROCK ISLAND
  • CityMoline
  • AreaQCARA Area
  • Zip61265
  • StyleCommercial/CIE
  • Year Built1912
  • Taxes29486
  • 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)
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
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 61265

Price
AVG $180K
$2.15M
Taxes
AVG $3,989
$29,486
Visits
AVG 32
3
Year Built
AVG 1948
1912
Walkscore
AVG 47
81
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.