Kenny Hora
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Versatile multi-use property spanning roughly 10,000 SF total, offering income-producing flexibility for owner-users and investors alike. The front of the building features three separate office units: Unit 1 includes a conference room and office space with open space for more office desks; Unit 2 offers five rooms plus a conference area and kitchenette; Unit 3 is currently operated as a salon on a week-to-week lease. Enclosed parking and a carport sit at the rear, with ample street parking plus additional parking at the rear entrance. The back of the building opens to approximately 7,000 SF of heated warehouse space with 2 overhead cranes, commercial racking, and generous storage capacity. Electrical service includes both 200 amp and 400 amp service. A 1,300 SF contractor bay with its own private entrance and an oversized rear bay door is currently leased month-to-month. Five total units-two currently occupied (salon and contractor bay) and three available, allow you to occupy one and let the rest generate income, or lease all for a fully passive investment. Excellent fit for a contractor, towing operation, or any light industrial use. Rear electrical access along the side of the building adds further flexibility for equipment or operations.
Property Highlights
Property Type: Commercial - Industrial
Year Built: 1900
General Information
County: Rock Island
Listed By:
Epique Realty
319-540-1002
MRED MLS
MLS ID: 12756241
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207 49th Street, Moline, IL 61265.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $270,000 | $270,000 | $270,000 |
| Down Payment | $54,000 | $9,450 | $67,500 |
| Monthly Mortgage Amount | $1,437 | $1,764 | $1,764 |
| Taxes | $376 | $376 | $376 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $119 | $0 |
| Monthly Estimated Total | $1,913 | $2,359 | $2,240 |
About this area
About Moline
Located just off the Mississippi River, Moline, IL began as a town very well known for harnessing the mighty water power of the Mississippi to fuel local businesses. Being situated perfectly within the Quad Cities, buying a home here means living right in the heart of the Midwest with all the perks of having a close community while being surrounded by some of the largest cities in the state. With a growing, vibrant downtown and a rich history, Moline offers residents a variety of attractions to explore and even more when it comes to entertainment.
Home & Community Information
“Moline” is an adaptation of the French word for mill town. Today, this city is known as the Farm Implement Capital of America for that reason! The city straddles the Illinois-Iowa border on the Mississippi River. The Mississippi Valley is very scenic, and the cities don’t fit the Midwestern stereotype of pancake-flat farmland, though you’ll experience that soon enough if you drive east or west from this region.
Living in Moline is a dream. In fact, compared to the rest of the country, the cost of living here is 22% lower. Job growth is positive, and when it comes to those who commute, the average commute time is less than 15 minutes (compared to the 25+ minute national average). If you’re visiting the area, the weather is very pleasant from May to September. It does cool off quite a bit in the winter, but there’s plenty to do during every season, no matter when you decide to check out the city.
Employment Opportunities
Moline has strong ties to John Deere and serves as the global headquarters for Deere & Company, so it’s no surprise that John Deere himself has deep roots in the area. He even served as the mayor of Moline for two years. The Quad Cities as a whole offer a wide range of job opportunities spanning a dynamic handful of industries. Whether you are interested in working in agriculture, healthcare, manufacturing, technology, education, or entertainment, the market is thriving and the people will make it worthwhile.
Things to Do in Moline
The beauty of Moline is that everything is easily walkable. The John Deere Pavilion, hotels, restaurants, microbreweries, shops, nightspots, and the TaxSlayer Center are all within a short distance. You’ll quickly see that no matter what type of activity you’re looking for, you’ll find it here. When you’re exploring Downtown Moline, don’t forget that the area also serves as the entry point to the Rock Island Arsenal, a very popular point of interest!
You seriously can’t beat the riverfront access that Moline offers residents and visitors alike. The Channel Cat Water Taxi makes stops in town seasonally and you can board the Celebration Belle riverboat for lunch, dinner, or for a sightseeing cruise Spring through Autumn. If you follow the paved Great River Trail, you’ll find tons of opportunities for walking, biking, or even skating!
Enjoy live music and dancing during the free summer concert series at Stephens Square Park, or head to Riverside Park for the Riverside Family Aquatic Center to cool off. The Greenvalley Sports Complex has baseball and softball diamonds, soccer fields, and cricket fields as far as the eye can see and fosters an exciting meeting place for both youth and adults.
Notable events in Moline include the TBK Bank Quad Cities Marathon, Bass Street Summer Concert Series, Mercado on Fifth, and the Lighting of the John Deere Commons in November, which officially kicks off the holidays in the Quad Cities.
In the cooler months, head to Lagomarcino’s Confectionery for some old-fashioned soda fountain drinks, famous hot fudge sundaes, and homemade candy, or to The Fifth Avenue Syndicate, which is nestled in the Axis Hotel, for the contemporary feel and artisanal libations.
If you are ready to start your home buying or selling journey, browse the latest real estate listings in Moline, IL. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Moline
1701 52nd Avenue
Moline, IL 61265
(563) 441-1776
Kenny Hora
REALTOR®
Cell: (319) 651-9335
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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