Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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