1411 6Th Avenue Dr Moline, IL 61265
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 1411 6Th Avenue Dr
- Year built
- 1965
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.4974
- Latitude
- 41.4902
