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Listed by Ted Rebitzer • Quad Cities Iowa Realty - Davenport
$ 569,000
Est. payment | /mo
7,167 SqFt
$ 569,000
Est. payment | /mo
7,167 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,167 sqft
Price per Sqft $79
MLS Listing ID QC4258551
Originating Board rmlsa
Year Built 1891
Annual Tax Amount $16,847
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 51' x 80'
Property Sub-Type Commercial
Property Description
Own the historical G.M. Ford building constructed in 1891 and adjacent structure in 1901. Full renovation in 2003-4 features a full basement, first floor built out as restaurant, partial mezzanine and two rented apartments configured as a one bedroom and two bedroom brings in about $26,000 of annual income. Two Bedroom has been redone recently. Best downtown Moline site with large public parking lot and parking ramp across street. +/-7,176 total square feet of space above grade. Newer TPO roof. For Lease at $5,000 per month modified gross. Seller is a licensed real estate broker in Iowa & Illinois. Seller intends to perform a 1031 exchange and buyer to cooperate at no additional expense to buyer.
Location
State IL
County Rock Island
Area Qcara Area
Zoning B-1
Direction Along 15th Street next to public parking lot
Interior
Heating Forced Air
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
View true
Roof Type Flat
Garage 1
Building
Faces Along 15th Street next to public parking lot
Sewer Public Sewer
Water Municipal/City
Structure Type Brick
Others
Tax ID 08-32-406-008
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Shonna Murrey
Broker Associate | License ID: 64826000