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    1620 5Th Ave Moline, IL 61265

    For Lease
    $25 SF/Yr ($6,537 /Mo)

    3,138 sq ft Retail Space - Available Now

    Lot size:
    3,138 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3,138 square foot retail space is ideally situated at 1620 5th Avenue in Moline, Illinois, within Rock Island County. The property is a single-tenant building, offering complete flexibility for a new business or expansion. The entire 3,138 square feet is currently vacant, presenting a unique opportunity for immediate occupancy. The building's classification is commercial retail, making it suitable for a wide range of retail ventures. The property's address is 1620 5th Ave, Moline, IL 61265, offering convenient access for customers and employees. Its location in Moline provides access to a thriving local market and strong consumer base. This is a single-tenant space, eliminating the complexities of multi-tenant management. The property's size allows for a variety of layouts and configurations to suit specific business needs. The building is ready for immediate lease, allowing for a swift start to operations. Interested parties are encouraged to inquire further to explore the possibilities this prime retail location offers. The property is located at latitude 41.5066572 and longitude -90.5140796. This presents a rare opportunity to establish a strong retail presence in a desirable area.

    Property Features for 1620 5Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,138 SF
    Total Rate
    6537.5

    Unit(s) available at that property

    Space
    Retail Space Available
    Size
    3,138 SF
    Rate per SF
    $25

    HighLights

    • 3,138 square foot retail space available in the historic Sears building in Moline, IL.
    • Immediate occupancy available.
    • Located in downtown Moline's business district.
    • Completely renovated property.
    • Adjacent covered parking.
    • Neighbors the Axis Hotel and Fifth Avenue Syndicate Restaurant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bozeman Neighbour Patton ... Law Firm

    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
    -90.5140796
    Latitude
    41.5066572

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    FAQs

    What type of property is this?
    Retail property - 3,138 sq ft Retail Space - Available Now
    Where is this retail property located?
    The property is located at 1620 5Th Ave Moline, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 3,138 square foot retail space available in the historic Sears building in Moline, IL.; Immediate occupancy available.; Located in downtown Moline's business district.
    Request Owner's contact information
    1620 5Th Ave 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
    1620 5Th Ave Moline, IL 61265
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