2802 Ave Of The Cities Ave, Moline, IL 61265
This exceptional commercial property located at 2802 Avenue of the Cities in Moline, Illinois, 61265, presents a unique investment opportunity. Priced at $299,900, the property consists of a single building encompassing three separate retail spaces, ideal for a variety of businesses. The building also features a conveniently attached 1-bedroom, 1-bathroom rental house, providing an additional income stream. This attractive feature enhances the overall return on investment. The property's prime location in Moline offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong tenant occupancy. The land itself is situated in a rapidly developing area, promising future appreciation in value. This versatile property is perfect for an investor seeking a blend of commercial and residential income, or a business owner looking for a strategic location to establish or expand their operations. The property's combination of retail spaces and a rental unit offers a diversified income portfolio, mitigating risk and maximizing potential returns. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is zoned for commercial use and is ready for immediate occupancy.
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
Similar Nearby for Lease
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.