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INVESTOR SPECIAL IN THE HEART OF DOWNTOWN MOLINE! Incredible investment opportunity in a prominent corner location at the intersection of 16th Street and 5th Avenue. This expansive mixed-use property offers exceptional income-producing potential with substantial improvements already completed. The second floor features 4 apartments, plus additional space with the potential to create 1-2 more units! These apartments also present an exciting opportunity for short-term rentals such as Airbnb, subject to local regulations. The main floor is currently home to Le Mekong Restaurant (business not included in sale) and offers two separate entrances and addresses, allowing for ...potential division into two commercial spaces. An additional space on the south side is currently utilized as an office, complete with its own entrance and address, offering yet another potential income-producing opportunity! Featuring two functional kitchens, flexible office space, and off-street parking, this property offers endless possibilities for investors, entrepreneurs, or those seeking a unique LIVE/WORK environment. Conveniently located near downtown restaurants, entertainment, hotels, and popular wedding and event venues, this property is positioned to capitalize on downtown activity. Whether you're looking to establish multiple rental income streams, expand your investment portfolio, or create a dynamic mixed-use property, the possibilities are exciting! Schedule your private showing today and discover the potential!

MRED Midwest Real Estate Data, MLS#: 12795348
Listed By: eXp Realty, Tedd Lear
Co-listed By: Stephanie Kauzlarich, steph@thestephaniekgroup.com

No upcoming open house dates. Check back later.

Construction Materials

  • Brick

Cooling

  • Central Air

Flooring

  • Concrete
  • Wood

Lock Box Type

  • Sentri Lock

WaterSource

  • Municipal Water
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Schedule a Showing
Listed By:
eXp Realty
Tedd Lear
Stephanie Kauzlarich, steph@thestephaniekgroup.com

Data Source: MRED Midwest Real Estate Data

MLS#: 12795348

Data Source Copyright: © 2026 MRED Midwest Real Estate Data All rights reserved.

Based on information submitted by MRED to MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. ©2026

OSI IDX updated the data from MRED Midwest Real Estate Data on 11/7/2026 at 1:31 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.