4801 River Dr Moline, IL 61265
- Commercial real estate
- 5,622 SF
Current Use by Public Records
- Marquis Harbor / Marina
- Catfish Charlies Moline / American Restaurant
Property Details for 4801 River Dr
- Property size
- 5,622 SF
- Zone code
- MOL
- Property type
- Commercial real estate
- APN
- 08-35-100-003
- APU
- 835100003
Description
This exceptional 6,063 square foot commercial property, located at 4801 River Drive in Moline, Illinois, presents a unique investment opportunity. Previously operating as Catfish Charlie's and The Captain's Table, this turn-key restaurant boasts high-end finishes throughout and was newly constructed in 2020. The expansive, upscale commercial kitchen is perfectly equipped for a variety of culinary ventures. A significant feature is the impressive 2,000 square foot patio offering breathtaking views of the Mississippi River. The property enjoys a prime location adjacent to Marquis Harbor, a 104-slip marina, which is available for separate purchase (MLS #QC4258873, price $1,250,000). This remarkable offering sits on a substantial 17.65-acre lot, benefiting from a low lease rate, long-term ground lease assumable from the City of Moline. The sale price of $1,990,000 excludes business assets and inventory. However, the buyer retains the right to utilize the existing restaurant names at no additional cost. An equipment list is available upon request. This is a rare chance to acquire a fully operational, beautifully appointed restaurant with significant potential in a highly desirable riverfront location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.4663
- Latitude
- 41.5163
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA