1409 5TH Avenue, Moline, IL 61265

Welcome to this property located in Moline, IL. this home is offered at $349,000.

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.

Climate control includes central air cooling.

Utilities include municipal water water.

Located in Rock Island County.

Annual property taxes are $17,603.