Downtown Moline Mixed-Use Redevelopment
For Sale
Contact for pricing
1409 5TH Avenue, Moline, IL 61265
Four-story, 24,000 SF mixed-use building in thriving downtown corridor.
Property Size24,000 SF
Price / SF$10.41
Days on Market930
Property Features for 1409 5TH Avenue
General Information
Standard status
Active
Size
24,000 SF
Property subtype
Multifamily, Retail
Zoning
SX-2
Building Details
Buildings
1
Listing Agency:
NAI Ruhl Commercial Company
(563) 355-4000
Listed By:
Shawn Langan · License #S62759000
Source:
Crexi
Added: Jan 24, 2024
Changed: Aug 9
Last Checked: Aug 10 at 3:36PM
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 four-story brick building, totaling approximately 24,000 square feet, is located in downtown Moline. The ground floor features a fully equipped restaurant with storefront visibility. The second floor contains a finished banquet or event space suitable for receptions and other events. The third and fourth floors are open and ready for redevelopment, with conceptual layouts supporting up to six apartments per floor, boutique offices, or hospitality suites. Each level spans approximately 6,000 square feet (40 feet by 150 feet). The property includes a full basement for storage or future build-out. The location is near the Vibrant Arena at The MARK and surrounded by restaurants, shops, and hotels, benefiting from foot traffic and access to I-74. Public parking is available in front of the building and in the lot directly behind. Situated within TIF District 13 (designated in 2016 and running through 2039), the property offers potential for leveraging tax increment financing to support redevelopment.
Key Highlights
- Rare mixed‑use property in Downtown Moline with existing restaurant and event space.
- Redevelopment potential for up to 12 apartments, offices, or hospitality suites on the third and fourth floors.
- Located in TIF District 13 (through 2039), offering potential tax increment financing for redevelopment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,074
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Hotels & Casinos 48%
Element Moline
Hotels & Casinos
5,040 visits/mo
0.3 miles
Chase Bank
Shops & Services
3,706 visits/mo
0.1 miles
Old National Bank
Shops & Services
1,691 visits/mo
0.1 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-story, 24,000 SF mixed-use building in thriving downtown corridor.
Where is this mixed-use property located?
The property is located at 1409 5TH Avenue Moline, IL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Rare mixed‑use property in Downtown Moline with existing restaurant and event space.; Redevelopment potential for up to 12 apartments, offices, or hospitality suites on the third and fourth floors.; Located in TIF District 13 (through 2039), offering potential tax increment financing for redevelopment.
