1411 6Th Avenue Dr Moline, IL 61265
This exceptional commercial property, located at 1411 6TH Avenue in Moline, Illinois, presents a compelling investment opportunity. The 7,688 square foot brick building, constructed in 1965, sits on a 9,500 square foot lot and boasts high visibility in the heart of downtown Moline. Recent upgrades include three new furnaces (installed in 2016), a purifying system (2020), energy-efficient LED lighting, and a reconfigured ductwork system. The building features a spacious reception area, numerous private offices and rooms, a convenient back entrance with a private parking lot accommodating approximately 76 vehicles, a kitchenette, a washer/dryer room, seven restrooms, and ample storage space. A former coffee/tea shop area includes a three-well sink, grease trap, hand washing sink, and utility sink, offering potential for various uses. The current tenant is on a month-to-month lease. This property is ideal for investors seeking a strong return, businesses needing office or retail space, or developers looking for a redevelopment project. The asking price is $299,000. A 24-48 hour notice is required for showings.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.