CASH-FLOWING MULTI-SUITE COMMERCIAL PROPERTY
608 35th Avenue | Moline, IL 61265
8,400 SF | $300,000 | Immediate Income
This Building Pays For Itself — On Day One.
An existing tenant generates $2,070/month, covering 112% of the current mortgage with two years remaining on the lease. You're not buying potential. You're buying a performing asset in one of Moline's most strategic locations — medical/office/retail ready, already occupied, already working.
The Numbers:
$2,070/month existing rental income — 112% mortgage coverage
2-year lease remaining — secured, predictable runway
8,400 SF total — vast majority available to lease at market rate
35 parking spaces
Asking $300,000 (orig $450,000)
Medical/Office/Retail Ready — Bring Your Vision:
This building is zoned, configured, and infrastructure-supported for medical, professional office, or retail use. Multiple private rooms, dedicated corridors, reception area with pass-through window, ADA-compliant restrooms, passenger elevator, and partial 2024 renovation already completed. The bones are exceptional — finish it to your exact specifications at a price that leaves room in the budget to do it right.
Ideal for:
IV therapy, aesthetics, or integrative health practices
Professional office suites
Boutique retail or wellness brands
Multi-tenant investment buildout
The Location:
Adjacent to Wildwood Corporate Park
Borders a high-income residential neighborhood
129,151 population within 5 miles
22,100 vehicles per day on John Deere Road corridor
Under 0.25 miles from major retail — Target, Kohl's, Starbucks and more
5 minutes to two interstates
Near UnityPoint Health and multiple medical offices
Who This Is For:
Investors seeking immediate cash flow with significant lease-up upside
Medical or wellness operators who want a ready-to-configure clinical space without starting from scratch
Owner-operators looking to occupy one suite and lease the other
Buyers who want to finish a partially renovated building their way — at a price that makes it pencil
Asking Price: $300,000
Contact for showing and full financials.