Listed by NAI Ruhl Commercial Company
$2,250,000
1317 5TH Avenue, Moline, IL
Details
APN 08-32-322-010
Property Type Retail, Multifamily
Sub Type Storefront, Apartment Building
Square Footage 45,816
Units 27
Cap Rate 7.35%
Class B
Buildings 1
Acreage 0.280
Zoning Commercial
Prime Downtown Moline mixed-use with 27 units, 3 retail, value-add upside, and historic charm.
Marketing description
Prime investment opportunity in the heart of Downtown Moline. This 45,816 SF mixed-use building offers 27 updated residential units (a mix of 1BR and 2BR) and 3 ground-floor commercial spaces, including long-term anchor tenant Tony’s Pizza. With six vacant residential units, there’s immediate upside for value-add investors. Originally built in 1915, the property blends historic character with modern updates like central air, elevator access, and solid brick construction. Priced under $55/SF, this asset offers strong potential for cash flow growth in a highly walkable location near employers, transit, and the riverfront.
Listing Contacts
Listed by NAI Ruhl Commercial Company
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Zoning
SX-1 MixedMixed UseMixed Use Core Storefronts
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View all 28 uses Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
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