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    OFF-MARKET
    Retail properties & Spaces

    525 14Th Street Dr, Moline, IL 61265

    Built 1910
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Retail properties & Spaces
    Year built 1910
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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