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Listed by Max Dancer • Happel, Inc., REALTORS
$332,500
Est. payment /mo
3,894 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,894 sqft
Price per Sqft $85
MLS Listing ID CA1044258
Annual Tax Amount $203
Tax Year 2025
Lot Dimensions 25x190
Property Sub-Type Commercial
Source rmlsa
Property Description
516 Maine Street, Quincy, IL 62301, is a versatile commercial property located in Quincy's Downtown Business District (D1 Zoning) and within a TIF District. The two-story building contains approximately 3,894 square feet and features a well-maintained, full-service commercial kitchen complete with a hood and exhaust system, along with a grease trap located in the basement. The first floor offers a functional layout with a centrally positioned bar and seating area accommodating approximately 19 patrons, while the front banquet/event space provides seating for up to 128 guests. With a narrow footprint of approximately 22 feet in width, the property is well suited for restaurant, banquet, retail, office, or mixed-use redevelopment. The second floor is currently vacant and closed off, presenting future expansion opportunities. The basement is partially improved with concrete flooring, while the remaining area consists of a dirt floor, and both the first floor and basement benefit from rear access. Additional improvements include a membrane roof installed in 2013. This property presents an excellent opportunity for an owner-user or investor seeking a downtown location with existing infrastructure and redevelopment potential.
Location
State IL
County Adams
Area Quincy
Zoning D1
Direction East on Maine St, building in located on the South side of street between 5th and 6th St.
Interior
Fireplace N
Exterior
View true
Garage 1
Building
Faces East on Maine St, building in located on the South side of street between 5th and 6th St.
Others
Tax ID 23-1-0330-000-00
Security Features Yes
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