photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com
1409 5TH Avenue
Moline, IL 61265
$450,000.00
$349,000.00 listing calculator

Listing Description


Rare mixed-use opportunity in the heart of Downtown Moline! This four-story, 24,000 SF brick building features a fully equipped, turn-key restaurant on the ground floor with prominent storefront visibility. The second floor offers a beautifully finished banquet or event space, ideal for receptions, weddings, or creative reuse. The third and fourth floors are wide open and ready for redevelopment-conceptual layouts support up to six apartments per floor, boutique offices, or hospitality suites. Each level spans approximately 6,000 SF (40' x 150'), and the property also includes a full basement for storage or future build-out. Situated just steps from the Vibrant Arena at The MARK and surrounded by restaurants, shops, and hotels, this location benefits from heavy foot traffic and easy access to I-74. Public parking is available in front of the building and in the lot directly behind. A standout opportunity for an owner-user, operator, or developer to establish a flagship presence in a thriving downtown corridor. Situated within TIF District 13 (designated in 2016 and running through 2039), the property offers meaningful potential for leveraging tax increment financing to support redevelopment.