2501 52nd Ave - Hospitality FOR SALE


Moline, IL 61265
$2,390,000 USD
786-822-0250
2501 52nd Ave, Moline, IL for Sale
$2,390,000 USD
Hospitality - FOR SALE
1/26
null | 9.69% Cap Rate

2501 52nd Ave
Moline, IL 61265


OVERVIEW

The Moline Bell Hotel in Moline, Illinois, is a remarkable historic property now available for sale, offering a unique opportunity for investors or entrepreneurs. Overview: Historic Charm: This hotel features beautiful period architecture, with details that highlight its rich history while providing a warm and inviting atmosphere. Diverse Accommodations: The property includes a range of guest rooms designed for comfort, catering to both leisure and business travelers. Modern Upgrades: Recent renovations have enhanced the hotel’s appeal, including high-end furniture, laminated flooring, and energy-efficient LED lighting, creating a contemporary yet welcoming environment. Prime Location: Conveniently situated near the Mississippi River and the vibrant downtown area, the hotel is close to popular attractions, dining options, and entertainment venues. Growth Potential: The property presents opportunities for further renovation and expansion, allowing for an increase in capacity and the potential to introduce new services. This hotel stands out as an enticing investment for those looking to tap into the hospitality market in a thriving location.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$82 USD /SF

# OF ROOMS

99

PRICE/ROOM

$24,141 {currency}

CAP RATE

9.69%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Moline Bell Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1977

PARKING SPACES

115

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,113 SF

ZONING

B-4

APN/PARCEL ID

07-6315400-13018

ASK ABOUT THIS PROPERTY

Hector SchvartzmanNew Miami International RealtyMore Info
786-822-0250

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Hector SchvartzmanNew Miami International RealtyMore Info
786-822-0250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.