500 S 8TH ST, Quincy, IL 62301
500 S 8TH ST, Quincy, IL 62301
500 S 8TH ST, Quincy, IL 62301
500 S 8TH ST, Quincy, IL 62301
500 S 8TH ST, Quincy, IL 62301
500 S 8TH ST, Quincy, IL 62301
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Shonna Murrey

Shonna Murrey

+1(515) 612-8939
Listed by Melissa Sullivan • Happel, Inc., REALTORS
$ 475,000
Est. payment | /mo

19,498 SqFt

Save
$ 475,000
Est. payment | /mo
Save

19,498 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 19,498 sqft

Price per Sqft $24

MLS Listing ID CA1045742

Year Built 1900

Annual Tax Amount $6,340

Tax Year 2025

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 159.x101

Property Sub-Type Commercial

Source rmlsa

Property Description

Prime Downtown Redevelopment Opportunity! Unlock the potential of this nearly 20,000 sq. ft. property, ideally located in the heart of the thriving downtown district and just steps from restaurants, shopping, nightlife, and entertainment. Priced significantly below a recent appraisal, this property offers an exceptional opportunity for an investor, developer, or entrepreneur ready to bring a vision to life. The main floor features an established commercial/event space that provides an excellent foundation for continued use or future redevelopment. One apartment has been completely renovated and is ready to go, while the remainder of the residential space has been gutted and is ready to be refinished and reimagined into another 10 units. With substantial space, a prime location, and endless possibilities for residential, commercial, or mixed-use development, this property offers the opportunity to create something truly special in the heart of downtown. Whether you're looking to build a unique rental portfolio, create additional residential units, expand commercial space, or develop a one of a kind mixed use destination, 500 S. 8th Street is a blank canvas with incredible potential.

Location

State IL

County Adams

Area Quincy

Zoning Commercial

Direction SW corner of 8th and State

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Central Air, Multi Units, Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplace N

Exterior

View true

Roof Type Rolled/Hot Mop

Total Parking Spaces 21

Garage 1

Building

Faces SW corner of 8th and State

Sewer Public Sewer

Structure Type Brick,Frame

Others

Tax ID 23-2-0293-000-00

Nearby Locations

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Shonna Murrey
Shonna Murrey

Broker Associate | License ID: 64826000

+1(515) 612-8939

315 SW Maple St, Ankeny, IA 50023, USA

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500 S 8TH ST

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