Former Bank Office
1522 46TH Avenue Moline, IL 61265
1522 46TH Avenue, Moline, IL, 61265
$290,000
For Sale
$290,000
Former bank building offers remodeled office interior, 5 private offices, and a large conference area on 1.01 acres.
Property Size2,496 SF
Lot Size1.01 Acres
Price / SF$116.19
Days on Market69
Property Features for 1522 46TH Avenue
General Information
- Standard status
- Active
- Size
- 2,496 SF
- Lot size
- 1.01 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing agency
Hawkeye Commercial Real Estate
(563) 344-4295
Listed by
Shawn Stuenkel · License #S67977000/475.189483
(563) 344-4295
Source
Birdrealtysells
Added: May 15 Updated: Jul 22 at 2:22PM Checked: Jul 22 at 2:22PM
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 Hawkeye Commercial Real Estate
Investment Insights
Based on property information with market context.
This former bank building has been converted to office use and includes an interior layout designed for day-to-day operations. Inside, the space features an open bull pen area, five private offices, a large conference/meeting room, a waiting area, a breakroom, and two restrooms.
The building was remodeled and updated in 2023 with new flooring and paint throughout, and a new roof was installed in 2025. The property is zoned B-4, and sits on 1.01 acres (MOL).
As currently configured, the floor plan supports both team work in the open area and client-facing or internal meetings in the conference room, while maintaining dedicated private office space.
The building was remodeled and updated in 2023 with new flooring and paint throughout, and a new roof was installed in 2025. The property is zoned B-4, and sits on 1.01 acres (MOL).
As currently configured, the floor plan supports both team work in the open area and client-facing or internal meetings in the conference room, while maintaining dedicated private office space.
Key Highlights
- Former bank building converted to office space with 2,496 SF on 1.01 acres (MOL).
- Remodeled and updated in 2023 with new flooring and paint throughout.
- New roof installed in 2025.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.9k | $14.40 |
| − Vacancy | −$7.9k | −$3.17 |
| EGI | $28.0k | $11.23 |
| − OpEx | −$7.0k | −$2.81 |
| NOI | $21.0k | $8.42 |
2,496 SF · lease $14.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$300.4K
$262.8K – $350.4K
NOI $21,026 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$425.1K
$372.0K – $495.9K
NOI $29,756 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Former bank building offers remodeled office interior, 5 private offices, and a large conference area on 1.01 acres.
Where is this office building located?
The property is located at 1522 46TH Avenue Moline, IL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Former bank building converted to office space with 2,496 SF on 1.01 acres (MOL).; Remodeled and updated in 2023 with new flooring and paint throughout.; New roof installed in 2025.
