2332 53Rd Street Dr Moline, IL 61265
This exceptional commercial property, located at 2332 53RD Street in Moline, Illinois, 61265, presents a unique investment opportunity. Priced at $160,000, this property offers a versatile space suitable for a wide range of businesses. Built in 1940, the single building sits on a lot conveniently located just one block south of Avenue of the Cities, ensuring high visibility and easy accessibility. The property features a garage, substantial storage space, and ample parking, catering to the needs of various commercial ventures. Previous occupants included a salon and an HVAC business, demonstrating its adaptability. Currently vacant, this property is ready for immediate occupancy. The property is also available for lease at a gross monthly rate of $3,500. All measurements and information provided should be independently verified by the buyer. This is a fantastic opportunity for investors and small business owners seeking a well-situated, adaptable commercial space in a thriving Illinois community. The property's location and features make it an attractive option for a variety of commercial uses.
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.