124 5th St Quincy, IL 62301-2916

Property Details for 124 5th St

Property type

Commercial real estate

APN

231020300000

APU

231020300000

Description

This exceptional commercial property, located at 124 N Fifth Street in the heart of Quincy, Illinois, presents a unique opportunity for a discerning business owner. The main space encompasses 5,000 square feet and is currently operating as a bar, benefiting from a prime location on Washington Park, a high-traffic area with significant foot and vehicle traffic. This established business boasts three bathrooms and offers immediate occupancy. The current tenant is open to negotiating the transfer of existing liquor and gaming licenses, streamlining the process for a prospective buyer. The monthly lease rate is $2,500. Adding to the property's appeal is an additional, negotiable upstairs space, providing flexibility for expansion or alternative uses. The terms of the lease are also negotiable, allowing for customization to suit individual business needs. This property represents a rare chance to acquire a well-established business in a vibrant downtown location with significant growth potential. The combination of high visibility, existing infrastructure, and negotiable terms makes this an exceptional investment opportunity. Serious inquiries are encouraged to explore this promising venture.

Location Insight

City

Quincy

County

Adams

State

Illinois

Longitude

-91.408

Latitude

39.9327

CBSA code

39500

CBSA name

QUINCY, IL-MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments