Property profile

620 17Th Street Pl Moline, IL 61265

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 1,732 square foot free-standing commercial property, located at 620 17th Street in the heart of Downtown Moline, Illinois, presents a unique investment opportunity. Currently configured as a former law office, the building sits on a 4,356 square foot lot and offers significant potential for redevelopment. Its convenient location provides direct access to I-74, ensuring easy accessibility for both residents and businesses. The property includes some off-street parking, supplemented by ample on-street parking options nearby. The building's zoning allows for the possibility of conversion into a mixed-use space or a duplex, expanding its versatility and potential rental income. The asking price for this single-unit, single-building property is $79,900. This presents a compelling opportunity for investors seeking a property with strong potential for return on investment in a vibrant downtown area. The property's existing layout, combined with its zoning flexibility, makes it an ideal candidate for a variety of uses, catering to a diverse range of potential buyers and tenants. Its prime location and accessibility make it a highly desirable asset in the Moline, Illinois market. The 61265 zip code ensures proximity to local amenities and services.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

620 17Th Street Pl 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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