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425 18th St
Moline, IL 61265
18th & 18th Mixed Use Portfolio · Commerce de détail Propriété À vendre


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Faits saillants de l'investissement
- The Portfolio Features Eight Commercial Storefronts and Six Residential Units Across Three Properties
- Strategically Positioned along Key Corridors in Moline
- Ownership has Completed Updates to Roofing, Mechanical Systems, and Interiors
Résumé de l'annonce
Marcus & Millichap is pleased to present the 18th & 18th Mixed-Use Portfolio, a fully occupied, three-property offering located in Moline, IL. The portfolio includes six residential units and eight commercial spaces across 706 18th Ave, 702 18th Ave, and 425 18th St, positioned along key corridors with convenient access to local amenities. The properties feature a mix of residential apartments and street-level commercial storefronts. According to ownership, recent improvements include updates to roofing, mechanical systems, and interior finishes.
Residential units offer a variety of layouts, with select apartments featuring in-unit laundry and central heating and cooling. Commercial units are currently leased, and the properties have experienced historically low vacancy. Parking options include on-site and nearby street parking, enhancing accessibility for both residents and commercial tenants. Based on current occupancy and ongoing operations, this portfolio may appeal to investors seeking stabilized, mixed-use assets in an established Moline location.
Moline is part of the Quad Cities metropolitan area, a regional economic hub with a population exceeding 400,000. The area supports a diverse economy led by manufacturing, logistics, healthcare, and education. Major employers such as John Deere, Genesis Health System, and UnityPoint Health contribute to local employment stability. Strategically located along the Mississippi River, the Quad Cities benefit from strong transportation infrastructure, including interstate highways, air travel, and rail access. These fundamentals support long-term demand for both residential and commercial space throughout the region.
Residential units offer a variety of layouts, with select apartments featuring in-unit laundry and central heating and cooling. Commercial units are currently leased, and the properties have experienced historically low vacancy. Parking options include on-site and nearby street parking, enhancing accessibility for both residents and commercial tenants. Based on current occupancy and ongoing operations, this portfolio may appeal to investors seeking stabilized, mixed-use assets in an established Moline location.
Moline is part of the Quad Cities metropolitan area, a regional economic hub with a population exceeding 400,000. The area supports a diverse economy led by manufacturing, logistics, healthcare, and education. Major employers such as John Deere, Genesis Health System, and UnityPoint Health contribute to local employment stability. Strategically located along the Mississippi River, the Quad Cities benefit from strong transportation infrastructure, including interstate highways, air travel, and rail access. These fundamentals support long-term demand for both residential and commercial space throughout the region.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Commerce pied immeuble
Taille du bâtiment
18 776 pi²
Classe d’immeuble
C
Année de construction
1905
Prix
1 368 379 $ CAD
Prix par pi²
72,88 $ CAD
Taux de capitalisation
10,01%
Revenu net d’exploitation
136 925 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,61
Taille du lot
0,27 AC
Zonage
MOL
Stationnement
10 places (0,53 places par 1 000 pi² loué)
Façade
134’ sur 5th Ave
Impôts fonciers
| Numéro de lot | 08-32-221-005 | Évaluation des bâtiments | 88 765 $ CAD |
| Évaluation du terrain | 36 447 $ CAD | Évaluation totale | 125 211 $ CAD |
Impôts fonciers
Numéro de lot
08-32-221-005
Évaluation du terrain
36 447 $ CAD
Évaluation des bâtiments
88 765 $ CAD
Évaluation totale
125 211 $ CAD
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