Property profile

525 14Th Street Dr Moline, IL 61265

OFF-MARKET
Retail properties & Spaces
Built 1910
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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

Location

525 14Th Street Dr Moline, IL 61265
Moline metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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