516 Maine Street
Active 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.
View full listing details| Price: | 332,500 |
|---|---|
| Address: | 516 Maine Street |
| City: | Quincy |
| State: | Illinois |
| MLS: | CA1044258 |
| Square Feet: | 3,894 |
| forSale: | Yes |
|---|---|
| taxYear: | 2025 |
| forLease: | No |
| inputType: | CIE |
| agentOwned: | no |
| directions: | East on Maine St, building in located on the South side of street between 5th and 6th St. |
| gasCompany: | Ameren |
| lvtDateMLS: | 2026-06-05 |
| possibleUse: | Bar/Tavern, Office, Retail |
| parcelNumber: | 23-1-0330-000-00 |
| taxIncentive: | Yes |
| waterCompany: | City of Quincy |
| availableSqFt: | 3894 |
| loadingDockYN: | no |
| irregularLotYN: | no |
| electricCompany: | Ameren |
| taxAnnualAmount: | 203.4 |
| handicapModified: | Yes |
| listingAgreement: | Exclusive Right To Sell |
| securitySystemYN: | yes |
| 100YearFloodPlain: | Unknown |
| firstPhotoAddDate: | 2026-06-05T17:35:27.2 |
| lotSizeDimensions: | 25x190 |
| numberOfBuildings: | 1 |
| attributionContact: | Office: 217-224-8383 |
| agentRelatedToOwner: | no |
| taxLegalDescription: | LOT 2 BLK 20 QUINCY SURVEY E 24FT OF W 29FT LOT 2 |
| addressSearchNumberMLS: | 516 |
| listingVisibilityTypeMLS: | MLS Listing |
| undergroundStorageTankYN: | no |
| agentIsDesignatedManagingBroker: | no |
© Copyright 2026 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than Happel Inc., Realtors are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed.
The RMLS data on this page was last updated on Tuesday, July 28th, 2026.
Listed by: Happel, Inc., REALTORS 217-440-3100
Data services provided by IDX Broker