Motivated Seller - Waterfront Restaurant 138 N Front St

138 N Front St , Quincy, Illinois, 62301 | 21,140 sq.f

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About This Restaurant

Investment Highlights

Multiple Floor (4), 22,000 Sq. Ft, Mix Use Building For Sale. ADA Compliant with accessible elevator. All level view of the Mississippi River Functional sprinkler system.

Executive Summary

Presenting a prime commercial real estate opportunity at 138 N Front St, Quincy, IL 62301. This Restaurant/Bar/Venue spans a total of 22,000 sq. ft. across 4 levels, offering diverse possibilities for business endeavors. The property is situated in a TIF District, benefiting from tax incentives, and is zoned D3, supporting a variety of uses. Level 1 features 6,120 sq. ft. of space, inclusive of a 560 sq. ft. patio, perfect for outdoor dining with views of the Mississippi River. Level 2 replicates the space of level 1, adding a 560 sq. ft. balcony for an elevated outdoor experience. Level 3 continues with 6,120 sq. ft. of versatile corporate office space, including 4 office suites, and 1 presidential office suite. The top floor houses a 2,520 sq. ft. apartment, offering living quarters or an office space with a view. The building is equipped with an elevator, ensuring accessibility to all floors. An up to date fire sprinkler system enhances safety throughout the premises. The kitchen and bar come fully equipped, including draft beer lines and a cooler in the basement, ready to cater to high-demand operations. Additional features include two staircases for convenient floor access and recent updates that ensure a turnkey experience for the new owner. The property's highlight is its Mississippi River Front location, providing stunning views and a unique ambiance.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    21,140
  • Building Class    C
  • Year Built    1940
  • Tenancy    Single
  • Building Height    4 Stories
  • Building FAR    3.45
  • Land Acres    0.14 AC

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Corner Lot
  • Fenced Lot
  • Mezzanine
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Waterfront
  • Accent Lighting
  • Storage Space
  • Balcony

Property Taxes

Parcel Number 23-1-0273-001-00 Improvements Assessment $5,480
Land Assessment $275,500 Total Assessment $280,980
Date Created: 2024-07-16 04:13:40 Last Updated: 2024-07-16 04:13:40
Address: 138 N Front St , Quincy, Illinois, 62301