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Sara Latta-Young

saralattayoung@gmail.com +1(815) 685-5090

$ 499,000

Est. payment | -/mo

18,000 SqFt

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$ 499,000

Est. payment | -/mo

Save

18,000 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 18,000 sqft

Price per Sqft $27

MLS Listing ID QC4269060

Year Built 1922

Annual Tax Amount $13,465

Lot Size 5,227 Sqft

Property Sub-Type Retail/Stores

Property Description

EXCITING INVESTMENT OPPORTUNITY - Discover this iconic 1922 Downtown Moline gem, perfectly positioned along bustling 5th Avenue. Formerly home to Analog and Late Rider, this well-loved bar and grill is primed for its next exciting chapter. The building has seen extensive upgrades, including new mini splits (2019), new 3rd-floor HVAC (2021), and updated electrical with two new breaker boxes. The spacious basement features a large walk-in cooler and a nearly new draft system (installed 2023). The kitchen boasts a new 10-foot hood and an updated prep area, ideal for modern operations. The third and fourth floors, each offering 6,000 SF, are currently vacant and ready for mixed-use redevelopment. The property is fully sprinklered. All FF&E is excluded from the sale but may be purchased separately, subject to negotiation and seller approval.

Location

State IL

County Rock Island

Area Moline

Zoning SX-1

Interior

Cooling Central Air

Flooring Carpet, Concrete

Fireplace N

Exterior

Roof Type Tar/Gravel

Building

Dwelling Type Retail/Stores

Water Municipal Water

Structure Type Brick,Block

Listed by Max Gellerman of Hawkeye Commercial Real Estate

NEARBY PROPERTIES

+1(815) 685-5090

saralattayoung@gmail.com

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1405 5TH AVE Moline, IL 61265