700 Maine Street

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700 Maine Street

Quincy, IL 62301
Asking Price
$405K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront available for purchase in Quincy Illinois
  • Asking price for the property is set at 405000 dollars
  • Asset is located at 700 Maine Street in the 62301 zip code
  • Commercial space suitable for retail and service business models
  • Property situated in a stable regional hub for West Central Illinois

What's Special

This retail storefront at 700 Maine Street in Quincy, Illinois, provides a versatile footprint for a wide range of business operations. The property serves as a strategic location for retailers or service-based enterprises looking to establish a presence in this Mississippi River community. With its central placement in the city, the asset benefits from the surrounding commercial environment of Quincy, which functions as a regional hub for trade and commerce in West Central Illinois. Investors and business owners alike will find this site suitable for boutique retail, professional offices, or personal service studios. The layout offers flexibility for various floor plans depending on specific tenant needs or business requirements. As a significant municipality within the region, Quincy offers a stable economic base that supports diverse commercial activities. This storefront presents a functional space for those seeking to capitalize on the local foot traffic and the visibility afforded by this established downtown-adjacent corridor.

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NOI
$80,000
Cap Rate
19.75%
DSCR
3.33
Strong
Cash-on-Cash
46.05%
Monthly Payment
$2,003.719
Annual Cash Flow
$55,955.372

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