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.
Key Features
- 0.11 acre lot
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.
Monthly Cost Estimate
$1,778/mo
20% down · 6.5% · 30 years
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 $1,778 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.11 acre lot.
This property is listed by Max Dancer and can be reached at 2174403100.
