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Mixed-Use Building with Restaurant
For Sale
$1,350,000

1320 5TH Avenue, Moline, IL 61265

Moline mixed-use building featuring a restaurant and apartments.

Property Size27,840 SF
Price / SF$48.49
Days on Market353

Property Features for 1320 5TH Avenue

General Information

Standard status Active
Size 27,840 SF
Property subtype Commercial
Zoning Comm

Taxes and HOA fees

Annual Taxes $54,547

Building Details

Building Size 27,840 SF
Year Built 1919
Units 1
Listing Agency: NAI Ruhl Commercial Company
Listed By: Shawn Langan · License #S67761000
Source: Ozmentrealestate
Added: Sep 5, 2025 Changed: Aug 23 Last Checked: Aug 21 at 8:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Ruhl Commercial Company

Investment Insights

Based on property information with market context.

This mixed-use building in Moline features a restaurant on the main level and income-producing apartments above. The property offers visibility, stable tenancy, and investment potential. Its location near downtown provides access to major corridors. The building is suitable for an owner-user or investor seeking commercial and residential income streams. The property size is 27840 square feet.

Key Highlights

  • Established restaurant (Meli’s) provides immediate income.
  • Mixed‑use property offers both commercial and residential income streams.
  • Strong visibility and convenient location near downtown Moline.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 100%
Element Moline Hotels & Casinos
5,040 visits/mo 0.4 miles

Demographics for 61265, IL

44,342
Population
20,396
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
89%
High-School Grad
19.2 sq mi
ZIP Area
2,309
Density / Sq Mi
$63,910
Median Household Income
$38,960
Median Earnings
$890
Median Rent
$142,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Moline mixed-use building featuring a restaurant and apartments.
Where is this mixed-use property located?
The property is located at 1320 5TH Avenue Moline, IL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Established restaurant (Meli’s) provides immediate income.; Mixed‑use property offers both commercial and residential income streams.; Strong visibility and convenient location near downtown Moline.
More about this property
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