About 1405 5th Avenue
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.
Features of 1405 5th Avenue
| MLS® # | QC4269060 |
|---|---|
| Price | $499,000 |
| Bathrooms | 0.00 |
| Acres | 0.12 |
| Year Built | 1922 |
| Type | Commercial Sale |
| Sub-Type | Retail/Stores |
| Status | Active |
| Taxes | $13,466 |
Community Information
| Address | 1405 5th Avenue |
|---|---|
| Area | Moline |
| City | Moline |
| County | Rock Island |
| State | IL |
| Zip Code | 61265 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | No |
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick, Block |
|---|---|
| Roof | Tar/Gravel |
Additional Information
| Days on Market | 203 |
|---|---|
| Zoning | SX-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Hawkeye Commercial Real Estate |
|---|