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Listed by Max Gellerman • Hawkeye Commercial Real Estate
$ 950,000
Est. payment | /mo
33,951 SqFt
$ 950,000
Est. payment | /mo
33,951 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 33,951 sqft
Price per Sqft $27
MLS Listing ID QC4257383
Originating Board rmlsa
Annual Tax Amount $47,663
Tax Year 2023
Lot Size 0.280 Acres
Acres 0.28
Property Description
INVESTMENT OPPORTUNITY AVAILABLE in downtown Rock Island. Two buildings included in the sale, totaling almost 34,000 square feet. The Paddock Building – 1615-1617 (pin # 0735105010) – this three-story building is almost fully leased with all professional office tenants. Building is elevator served, ADA compliant, and has a large city permitted parking lot conveniently located behind the building. The Bailey Building – 1611-1613 (pin # 0735150009) – this three-story building is currently vacant, with approx. 8,000 SF of commercial space on the main level, and with approx. 5,300 SF of open floor plan on the second and third floor, which could be converted to multi-family, or built out for office. The Bailey Building is a blank slate with lots of opportunities for re-development. Both buildings are well located in downtown Rock Island and offer easy access to the Centennial Bridge and IA side of the QC. Financials available upon request. 24-hour notice required to show.
Location
State IL
County Rock Island
Area Qcara Area
Zoning B-2
Interior
Heating Forced Air, Individual Unit
Cooling Central Air, Individual Control, Individual Units
Flooring Carpet, Tile/Vinyl
Fireplace N
Exterior
View true
Roof Type Membrane
Garage 1
Building
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Frame
Others
Tax ID 0735105009
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