For Sale
$240,000

1720 2Nd Ave Rock Island, IL 61201

12,000 SF Vacant Bar, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 12,000 square foot retail property, located at 1720 2nd Ave in Rock Island, Illinois, presents a unique investment opportunity. The building, constructed in 1870, boasts a two-story structure situated on a 6,098 square foot lot. Currently vacant, the space was previously configured as a bar on the main level, offering significant potential for a variety of retail uses. The flexible B-2 zoning allows for diverse business applications. The second floor provides ample storage space, currently unfinished, but with the potential for multi-family conversion, subject to necessary permits and approvals. The property benefits from a recently replaced sprinkler system, enhancing safety and security. This prime location in the Rock Island District offers high visibility and accessibility, making it an ideal choice for entrepreneurs seeking a substantial space with significant upside. The asking price is $240,000. This is a rare chance to acquire a substantial property with significant redevelopment potential in a vibrant Illinois community. The property's size and location make it an attractive investment for both experienced and emerging business owners. Don't miss this opportunity to own a piece of Rock Island's history and future.

Highlights

  • 12,000 SF retail building at 1720 2nd Ave, Rock Island, IL.
  • Two-story building on a 6,098 SF lot, built in 1870.
  • Currently vacant, previously a bar; B-2 zoning allows diverse uses.
  • Second floor offers ample unfinished storage, potential for multi-family conversion (permits required).
  • Recently replaced sprinkler system.
  • Asking price: $240,000.

Property Details for 1720 2Nd Ave

Property type
Retail properties, Bars
Square Feet
12,000 SF
Year Built
1870
Buildings
1
Stories
2

Location Insight

City
Rock Island
County
Rock Island
State
Illinois
Latitude
41.511057523683
Longitude
-90.575382340087

FAQs

What type of property is this?
Retail property - 12,000 SF Vacant Bar, Huge Potential
Where is the retail property located?
The property is located at 1720 2Nd Ave Rock Island, IL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 12,000 SF retail building at 1720 2nd Ave, Rock Island, IL.; Two-story building on a 6,098 SF lot, built in 1870.; Currently vacant, previously a bar; B-2 zoning allows diverse uses.
How can I contact the broker?
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1720 2Nd Ave
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