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About This Home

This 0-bedroom, 0-bathroom commercial at 516 Maine Street in Quincy, IL is listed for $332,500. on a 0.11 acres lot.

Agent 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.

Key Features

  • 0.11 acre lot

Monthly Cost Estimate

$1,778/mo

20% down · 6.5% · 30 years

Principal$240
Interest$1,441
Insurance$97

Estimates only. Actual payments may vary.

Location

516 Maine Street

Quincy, IL 62301

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 516 Maine Street is listed at $332,500. The estimated monthly payment is $1,441 based on 20% down at 6.5% interest.

Key features include: 0.11 acre lot.

This property is listed by Max Dancer and can be reached at 2174403100 or mdancer@happelcommercial.com.

MD

Max Dancer

Agent at Happel, Inc., REALTORS

(217) 440-3100

Listed by Happel, Inc., REALTORS

MLS# CA1044258· Source: listhub· Updated 2 days ago

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516 Maine Street, Quincy, IL 62301

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