1729 5TH Avenue
Moline, IL, 61265

Price$389,900
Beds0
Baths0
SqFtn/a

Status:Active
Property Type:Commercial
School:
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® Licensed in IA, IL & FL

Listing provided by: RE/MAX Concepts Bettendorf, Robert Bermes

Source: Quad City Area Realtor Association, MLS#: QC4256587

Price $389,900
Total Baths 0
Lot Size 150x77x152x79
Lot Size Area 12
Acres 0.27
Property Type Commercial
MLS Sub type Commercial/CIE
Features Pets Approved
Year Built 1905
Heating Forced Air, Gas
Parking Description No
Directions Corner of 5th Avenue and 18th Street
County Rock Island
Address 1729 5TH Avenue, Moline, IL 61265
Postal Code 61265
City Moline
State IL
Country United States
Listing Office RE/MAX Concepts Bettendorf
Listing Office Phone 563-332-9900
Listing Agent Robert Bermes
Listing Agent Phone 563-332-9900
Days on market 2
MLS Status Active
Listing Date Sep 17, 2024
Listing Last Modified Sep 19, 2024
Tax Year 2023
Tax Annual Amount 6506
MLS # QC4256587

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