3603-3706 40Th Ave Moline, IL 61265

Property Details for 3603-3706 40Th Ave

Property type

Land

Description

This exceptional commercial land opportunity in Moline, Illinois, presents a compelling investment prospect. Priced at $995,000, or $3.98 per square foot, this property offers 15 existing buildings on a sizable lot located at 3618-3706 40th Avenue, zip code 61265. The property is zoned commercial and currently generates income through short-term rental houses, providing immediate return on investment. Its strategic location offers significant potential for future development. The site is ideally positioned adjacent to a major retail hub, including Walmart, Lowe's, Marshall's, Applebee's, Wendy's, a 450,000 square foot shopping center, and Popeye's and US Cellular. This high-traffic area, situated near the JDR overpass at the intersection of 35th and 40th Avenue, ensures excellent visibility and accessibility. The seller is motivated and will consider all offers. The property's existing buildings provide a solid foundation for immediate income generation while offering ample space for future development, including pad sites for build-to-suit opportunities or resale to food establishments or other suitable tenants. This is a rare chance to acquire a well-located commercial property with immediate income and significant long-term growth potential in a thriving retail corridor.

Location Insight

City

Moline

County

Rock Island

State

Illinois

Longitude

-90.4893

Latitude

41.4702