EXCITING INVESTMENT OPPORTUNITY - Discover this iconic 1922 Downtown Moline gem, perfectly positioned along bustling 5th Avenue. Formerly home to Analog and Late Rider, this well-loved bar and grill is primed for its next exciting chapter. The building has seen extensive upgrades, including new mini splits (2019), new 3rd-floor HVAC (2021), and updated electrical with two new breaker boxes. The spacious basement features a large walk-in cooler and a nearly new draft system (installed 2023). The kitchen boasts a new 10-foot hood and an updated prep area, ideal for modern operations. The third and fourth floors, each offering 6,000 SF, are currently vacant and ready for mixed-use redevelopment. The property is fully sprinklered. All FF&E is excluded from the sale but may be purchased separately, subject to negotiation and seller approval.
| MLS # | QC4269060 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 293 |
| Listing Provided By | Hawkeye Commercial Real Estate | Max Gellerman |
| SQ Feet | 18,000 |
|---|---|
| Zoning | SX-1 |
| Acreage | 0.12 |
| Cooling | Central Air |
|---|
| Roof | Tar/Gravel |
|---|---|
| Construction Materials | Brick, Block |
| Tax Annual Amount | 13465.8 |
|---|
| State | IL |
|---|---|
| County | Rock Island |
| City | Moline |
| Zip Code | 61265 |
| Area | Moline |
| Listing VS Median (in 61265) | |
Price: $499,000 low | high Med: $136,000 sqft: 18,000 low | high Med: 1,036 $ / sqft: $28 low | high Med: $131 On site: 293 low | high Med: 117 | |
| State | IL |
|---|---|
| County | Rock Island |
| City | Moline |
| Zip Code | 61265 |
| Area | Moline |
| Listing VS Median (in 61265) | |
Price: $499,000 low | high Med: $136,000 sqft: 18,000 low | high Med: 1,036 $ / sqft: $28 low | high Med: $131 On site: 293 low | high Med: 117 | |