$450,000
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500 S 8th Street Quincy, IL 62301
General Commercial
Residence
Beds
Baths
19,929
Sq. Ft.
0.37
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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A This great Downtown property will increase your portfolio and offer an opportunity to take advantage of new TIF District funding! With nearly 20,000 sq ft and annual gross rents of nearly $90,000, this opportunity is a no brainer! The first floor of the building is occupied by a newly renovated ev...ent space and the second floor is comprised of 11 apartments; 10 - 1 bedroom/1 bath apartments and one - 2 bed/1 bath apartment along with 21 downtown parking spaces. There is currently a unit gutted to the studs that would allow space to add several more dwelling units. This commercial property has steady occupancy with low vacancy rates. Owner pays trash and water and electric for two of the apartments. Other roofing is rolled roofing. This goldmine of an opportunity is just waiting for the right person to take advantage of it! Inspections welcome but selling "as is".
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MLS#
CA1029896
Property Type
General Commercial
Year Built
1900
Square Feet
19,929
sq. ft
Lot Size
0.37
Sewer
Public Sewer
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