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138 N Front St
Quincy, IL 62301
Turn Key Waterfront Restaurant · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Multiple Floor (4), 22,000 Sq. Ft, Mix Use Building For Sale.
- ADA Compliant with accessible elevator.
- All level view of the Mississippi River
- Functional sprinkler system.
EXECUTIVE SUMMARY
Presenting a prime commercial real estate opportunity at 138 N Front St, Quincy, IL 62301. This turn key fully equipped restaurant/bar/venue spans a total of 22,000 sq. ft. across 4 levels, offering diverse possibilities for business endeavors. The property is situated in a TIF District, benefiting from tax incentives, and is zoned D3, supporting a variety of uses. Level 1 features 6,120 sq. ft. of space, inclusive of a 560 sq. ft. patio, perfect for outdoor dining with views of the Mississippi River. Level 2 similarly replicates the space of level 1, adding a 560 sq. ft. balcony for an elevated outdoor experience. Level 3 continues with 6,120 sq. ft. of versatile corporate office space, including 4 office suites, and 1 presidential office suite. The top floor houses a 2,520 sq. ft. apartment, offering living quarters or an office space with a view. The building is equipped with an elevator, ensuring accessibility to all floors. An up to date fire sprinkler system enhances safety throughout the premises. The kitchen and bar come fully equipped, including draft beer lines and a cooler in the basement, ready to cater to high-demand operations. Additional features include two staircases for convenient floor access and recent updates that ensure a turnkey experience for the new owner. The property's highlight is its Mississippi River Front location, providing stunning views and a unique ambiance.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
21,140 SF
Building Class
C
Year Built
1940
Price
$950,000
Price Per SF
$44.94
Tenancy
Single
Building Height
4 Stories
Building FAR
3.45
Lot Size
0.14 AC
Zoning
D3 - D3 Downtown District 3.
Parking
90 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Corner Lot
- Fenced Lot
- Mezzanine
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Waterfront
- Accent Lighting
- Storage Space
- Balcony
PROPERTY TAXES
| Parcel Number | 23-1-0273-001-00 | Improvements Assessment | $318,050 |
| Land Assessment | $6,330 | Total Assessment | $324,380 |
PROPERTY TAXES
Parcel Number
23-1-0273-001-00
Land Assessment
$6,330
Improvements Assessment
$318,050
Total Assessment
$324,380
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