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    525 14Th Street Dr Moline, IL 61265

    Sponsored
    For Sale
    $230,000

    Prime Moline location, established bar/restaurant space.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property at 525 14th Street in Moline, Illinois, presents a unique investment opportunity. Listed at $230,000, this 3200 square foot space boasts a rich history as the former home of The Speak Easy and McManus Pub, making it ideally suited for a restaurant or bar concept. Built in 1910, the building sits on land zoned for commercial use and offers a wealth of existing features ready for immediate use. The property includes a fully functional walk-in cooler, recently installed air conditioning, a well-equipped bar area with a four-well sink, and a designated eating area. The kitchen features a three-well sink and ceiling ventilation suitable for a grill or hood system. Ample space remains for a recreational area, dance floor, or other entertainment features. Its strategic location near Mercado on 5th Avenue places it in a high-traffic area with excellent visibility and access. This turnkey property is ready for a new owner to capitalize on its potential and establish the next popular destination in Moline. The property's existing infrastructure significantly reduces start-up costs and allows for a swift transition into operation. This is a rare chance to acquire a well-positioned commercial space with significant existing assets in a thriving Illinois community. The zip code is 61265.

    Property Features for 525 14Th Street Dr

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1910
    Buildings
    1

    HighLights

    • $230,000 asking price for a 3,200 square foot commercial building in Moline, IL.
    • Located at 525 14th Street, in a high‑traffic area near Mercado on 5th Avenue.
    • Zoned for commercial use, with existing infrastructure ideal for a restaurant or bar.
    • Features include a walk‑in cooler, new A/C, a fully equipped bar area, and a kitchen with ventilation.
    • Building built in 1910, offering ample space for various entertainment features.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.5173903
    Latitude
    41.5048906

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    FAQs

    What type of property is this?
    Restaurant - Prime Moline location, established bar/restaurant space.
    Where is this restaurant located?
    The property is located at 525 14Th Street Dr Moline, IL.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: $230,000 asking price for a 3,200 square foot commercial building in Moline, IL.; Located at 525 14th Street, in a high-traffic area near Mercado on 5th Avenue.; Zoned for commercial use, with existing infrastructure ideal for a restaurant or bar.
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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
    525 14Th Street Dr Moline, IL 61265
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