1729 5TH Avenue

$425,000.00 Moline, IL 61265-1371
  • 0.27 Acres
  • Rock Island County

Description

Seize the chance to own a piece of Moline's history with the renowned Knox Building, a cornerstone property at the intersection of 5th Ave & 18th St. This fully rented, mixed-use building has 3 commercial spaces on the main level & a 4-bed loft apt occupying the entire 2nd floor. There's also a standalone commercial space. 2 long-term commercial tenants have been there for over 20yrs, ensuring stability in rental income. As one of the stops on the city's historic tour, this recently renovated property combines charm & modern amenities. The property's location in the heart of downtown Moline provides excellent visibility & access, making it a highly desirable spot for both retail & residential tenants. With a total projected income of $67k+/yr, this property offers a healthy cash flow & a solid investment. Don't miss this opportunity to own a piece of Moline's history while enjoying steady returns. Newer furnaces & gutters. Off-street parking for tenants & customers. Seller is a REALTOR® Licensed in IA, IL & FL

Key Features

  • Property Type Commercial Sale
  • Acres 0.27 Acres
  • Minerals Call for more info
  • MLS # QC4256587

Property Map

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