1729 5TH AVE Active Save Request In-Person Tour Request Virtual Tour
Moline,IL 61265-1371
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,614 sqft
Price per Sqft $51
MLS Listing ID QC4256587
Year Built 1905
Annual Tax Amount $6,506
Tax Year 2023
Lot Size 0.270 Acres
Property Description
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
Location
State IL
County Rock Island
Area Qcara Area
Zoning Commercial
Interior
Heating Forced Air,Gas
Cooling Central Air
Flooring Concrete
Exterior
View true
Roof Type Flat
Building
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Glass