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    1601 River Dr Moline, IL 61265

    Sponsored
    For Lease
    $9 SF/Yr

    Prime Moline location, high-end finishes, ample parking.

    Lot size:
    41,855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located in the heart of Moline's business district, offers 41,855 square feet of space within a single building constructed in 2005. The property includes a 3,000 square foot vacant space, previously occupied by a high-end chop house. This area boasts premium finishes, including private rooms, an outdoor patio, a large dining room, a fully equipped kitchen, and walk-in cooler and freezer units. The building is zoned B-2, providing flexibility for a variety of commercial uses. The property's convenient location offers easy access to ample parking across the street and on the east side of the building. Its proximity to the TaxSlayer Center (a multipurpose arena), a conference center, and numerous hotels makes it an ideal location for businesses seeking high visibility and convenient access to amenities. The property's APN is 0832212007. This single-tenant building presents a unique opportunity for businesses seeking a well-established, high-quality space in a thriving commercial area. The property's size and features make it suitable for a range of commercial ventures.

    Property Features for 1601 River Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,855 SF
    Total Rate
    34704.77

    Building Details

    Year Built
    2005
    Buildings
    1

    Unit(s) available at that property

    Space
    100
    Size
    3,000 SF
    Rate per SF
    $9

    HighLights

    • Multi‑use property (Land, Office, Restaurant, Retail) totaling 41,855 square feet.
    • Single‑tenant occupancy.
    • 3,000 square feet of vacant space available.
    • Built in 2005, with one building on a single lot (APN 0832212007).
    • B‑2 Zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Career Cruising Quad ... Educational Consultant Pub 1848 Bar Sports Illinois Huddle Association / Organization Dr. Thomas Goebel Dentist Bass Street Landing ... Plaza

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.5157037
    Latitude
    41.5092276

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    FAQs

    What type of property is this?
    Restaurant - Prime Moline location, high-end finishes, ample parking.
    Where is this restaurant located?
    The property is located at 1601 River Dr Moline, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Multi-use property (Land, Office, Restaurant, Retail) totaling 41,855 square feet.; Single-tenant occupancy.; 3,000 square feet of vacant space available.
    Request Owner's contact information
    1601 River Dr Moline, IL 61265
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 River Dr Moline, IL 61265
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