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516 Maine St
Quincy, IL 62301
Flex Space, Banquet Hall, Restaurant, Offices · Flex Property For Sale


Executive Summary
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.
Property Facts
| Sale Type | Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built/Renovated | 1940/2025 |
| Rentable Building Area | 3,984 SF | ||
| Zoning | D1 | ||
| Sale Type | Owner User |
| Property Type | Flex |
| Rentable Building Area | 3,984 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1940/2025 |
| Zoning | D1 |
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