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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1411 6Th Avenue Dr Moline, IL 61265

Built 1965
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1965
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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