Property Details

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.

MLS#: QC4269060

Type: Retail, Restaurant, Bar/Tavern

Address: 1405 5th Ave

City: Moline

County: Rock Island

Zip: 61265
Sale Price: $499,000

Available SF: 18,000

Approx Acres: 0.12

Annual Taxes: $13,465.80 / 2024

Zoning: SX-1

Listing Office: Hawkeye Commercial Real Estate

Brochure

1405 5th Ave, Moline Brochure

Agent

Max  Gellerman, CCIM

Max Gellerman, CCIM

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