525 14Th Street Dr, Moline, IL 61265
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.