Mixed-Use Light Industrial
For Sale
Contact for pricing
640 S 5TH Street, Quincy, IL 62301
Large light industrial property currently configured for dance and supplemental studio use.
Property Size10,000 SF
Price / SF$34.90
Days on Market55
Property Features for 640 S 5TH Street
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Industrial, Retail, Office
Zoning
Industrial
Building Details
Year Built
1950
Tenancy
Multi
Listing Agency:
Mays LLC REALTORS
(217) 316-1375
Listed By:
Joe Mays
Source:
Crexi
Added: Jun 18
Changed: Aug 8
Last Checked: Aug 10 at 11:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mays LLC REALTORS
Investment Insights
Based on property information with market context.
This mixed-use light industrial building is currently operated as a dance studio occupying the majority of the space, with additional rental use to a yoga studio and music groups. If the main level footprint isn’t sufficient, the property also includes a basement with taller ceilings, providing workable additional space for compatible concepts. Heating and air systems are approximately 11 years old.
Located near downtown at 640 S 5TH Street in Quincy, IL, the property is supported by M1 Light Industrial zoning, which broadens the range of feasible uses compared with more restrictive classifications.
For buyers seeking a flexible commercial facility, the existing studio-style layout offers an immediate starting point for similar uses, while the combination of main level space and a taller-ceiling basement supports concepts that may require more depth. The presence of multiple current users also indicates the building can function as more than a single-tenant space, depending on how an operator plans to configure and manage the interior.
Located near downtown at 640 S 5TH Street in Quincy, IL, the property is supported by M1 Light Industrial zoning, which broadens the range of feasible uses compared with more restrictive classifications.
For buyers seeking a flexible commercial facility, the existing studio-style layout offers an immediate starting point for similar uses, while the combination of main level space and a taller-ceiling basement supports concepts that may require more depth. The presence of multiple current users also indicates the building can function as more than a single-tenant space, depending on how an operator plans to configure and manage the interior.
Key Highlights
- Large mixed‑use light industrial building built in 1950 with over 10,000 SF total space
- M1 Light Industrial zoning; currently used as a dance studio with additional rental income to a yoga studio and musical bands
- Includes a basement with taller ceilings in addition to the main‑floor studio space
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 62301, IL
31,481
Population
15,295
Households
2.1
Avg Household Size
39
Median Age
24%
College-Educated
91%
High-School Grad
11.2 sq mi
ZIP Area
2,811
Density / Sq Mi
$52,212
Median Household Income
$36,665
Median Earnings
$805
Median Rent
$124,200
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- XCEL Performance Health & Wellness — 804 State St #2ll, Quincy, IL 62301
- Riverview Fitness Center — 300 Maine St, Quincy, IL 62301
- J & J Heavenly Bodies — 726 Adams St, Quincy, IL 62301
- Redbud Yoga — 640 S 5th St, Quincy, IL 62301
- Get Fit With Manda — 1013 State St, Quincy, IL 62301
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Large light industrial property currently configured for dance and supplemental studio use.
Where is this fitness center & gym located?
The property is located at 640 S 5TH Street Quincy, IL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Large mixed‑use light industrial building built in 1950 with over 10,000 SF total space; M1 Light Industrial zoning; currently used as a dance studio with additional rental income to a yoga studio and musical bands; Includes a basement with taller ceilings in addition to the main‑floor studio space
