701 19th Ave Moline, IL 61265-3852
Property summary
This exceptional commercial property, located at 701 19th Avenue in Moline, Illinois, presents a unique investment opportunity. Situated on a prominent hilltop corner lot encompassing nearly an acre (0.91 acres) of land, this building offers significant visibility and accessibility. The substantial 12,397 square feet of space is currently occupied by the Salvation Army, with their lease expiring in September 2025, providing a future owner with considerable flexibility and potential for redevelopment or lease to a new tenant. The building itself is constructed of durable concrete block, ensuring longevity and low maintenance. Ample parking is available with 62 spaces provided on-site. Further enhancing its appeal, the property features prominent pylon signage at the corner, providing excellent advertising opportunities for any business. This property's combination of size, location, and parking makes it an ideal investment for a variety of commercial uses. The upcoming vacancy presents a chance to secure a well-positioned asset in a thriving area. The asking price is $1,050,000.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
Value estimations
Owner & transaction history
Zoning & alternative use
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
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
MOL · Moline, ILZoning
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Zoning designation
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