2404 16th Street,Moline, IL 61265
Moline, IL 61265
Description
The restaurant remains open and fully operational during the sale process. Long-term, successful restaurant operator retiring. Rare opportunity to acquire a four-parcel, approximately 1.04-acre owner-user or redevelopment site anchored by an established restaurant location on 16th Street in Moline. The package includes a 4,048 SF operating restaurant, an additional 3,360 SF building, a 1,056 SF four-stall garage, vacant land, and paved on-site parking. The property offers approximately 230 feet of combined frontage along 16th Street, corner exposure at 24th Avenue, and flexible space for restaurant, retail, catering or commissary operations, storage, or redevelopment, subject to zoning and municipal approval. Real estate only. Business name, business operations, inventory, and FF&E are not included in the list price. FF&E may be available separately through negotiation. The sale includes four parcels: 17-05-400-009 at 2404 16th Street, 17-05-431-001 at 2414 16th Street, 17-05-431-009 at 2422 16th Street and 17-05-431-002 at 1618 24th Avenue, all in Moline, Illinois.
Details
| MLS # | 12737458 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | Undisclosed |
| Listing Provided By | NAI Ruhl Commercial Company | Shawn Langan |
Features
| SQ Feet | 8,464 |
|---|---|
| Zoning | COMMR |
| Acreage | 1.04 |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 24930 |
Area Information
| State | IL |
|---|---|
| County | Rock Island |
| City | Moline |
| Zip Code | 61265 |
| Area | Moline |
| Listing VS Median (in 61265) | |
Price: $779,000 low | high Med: $132,500 sqft: 8,464 low | high Med: 1,068 $ / sqft: $92 low | high Med: $124 On site: Undisclosed low | high Med: 73 | |
Market Activity 61265
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Learn More About This Property
| State | IL |
|---|---|
| County | Rock Island |
| City | Moline |
| Zip Code | 61265 |
| Area | Moline |
| Listing VS Median (in 61265) | |
Price: $779,000 low | high Med: $132,500 sqft: 8,464 low | high Med: 1,068 $ / sqft: $92 low | high Med: $124 On site: Undisclosed low | high Med: 73 | |