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    1501 River Dr Moline, IL 61265

    For Lease
    $15 SF/Yr

    Prestigious Downtown Moline Office Building, Multiple Suites Available

    Lot size:
    37,102 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A office building, located at 1501 River Dr, Moline, IL 61265, offers a unique blend of historical charm and modern functionality. The 37,102 square foot building sits on a 0.88-acre lot and features four stories, providing ample space for various business needs. Currently, there are four available office spaces ranging from 2,700 to 20,000 square feet. Two contiguous floors, totaling 20,000 square feet, are available and can be easily subdivided into two 10,000 square foot spaces. The building boasts exposed wooden beams and original 1900s brickwork, creating a distinctive and attractive atmosphere. Modern conveniences include elevator service and multiple interior staircases. A large on-site parking lot eliminates downtown parking concerns for employees and clients. The building is zoned C and benefits from a prime location in downtown Moline, surrounded by a vibrant mix of restaurants, entertainment venues, and hotels, including Johnny's Italian Steakhouse, River House Bar & Grill, Bass Street Chophouse, The Little Brown Box Delicatessen, Bad Boyz Pizza, Rebellion Brew Haus, The John Deere Pavilion, Visit Quad Cities, Element Hotel Moline, The Wyndham Moline, and the Vibrant Arena. This property presents a rare opportunity to secure a prestigious and well-located office space in a thriving downtown area. The building's unique character and convenient amenities make it an ideal location for a variety of businesses.

    Property Features for 1501 River Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,102 SF
    Total Rate
    46377.5

    Building Details

    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    3rd Floor
    Size
    10,000 SF
    Rate per SF
    $15
    Space
    4th Floor
    Size
    10,000 SF
    Rate per SF
    $16
    Space
    Total Space
    Size
    20,000 SF
    Rate per SF
    $15
    Space
    1st Floor
    Size
    2,700 SF
    Rate per SF
    $18
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Heart of America Group Corporate Campus JIS Franchising LLC Italian Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.5171013
    Latitude
    41.5085141

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Downtown Moline Office Building, Multiple Suites Available
    Where is this office property / space located?
    The property is located at 1501 River Dr Moline, IL.
    What is the lease rate?
    The lease rate is $15-$18 SF/Yr.
    Request Owner's contact information
    1501 River Dr Moline, IL 61265
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    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
    1501 River Dr Moline, IL 61265
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