10/13/2025
NEW PRICE!!
FOR SALE OR LEASE | ICONIC HISTORIC DOWNTOWN PROPERTY | MULTI-USE VENUE WITH UNMATCHED POTENTIAL
124 N. 5th Street, Quincy, Illinois
Price: $309,900
Lease: Spaces starting at $700/month
WE WILL BUILD TO SUIT YOUR VISION!
BE PART OF QUINCY’S DOWNTOWN RENAISSANCE
Downtown Quincy is experiencing a vibrant resurgence, with new businesses, restaurants, boutiques, and events breathing life into the historic district. As revitalization continues to surge, this property places you at the center of it all. Whether you’re seeking to open and bring something new to Quincy or expanding your footprint, this is a rare opportunity to anchor your vision in the heart of a growing and energized community.
Welcome to your next bold investment or visionary business venture — a rare opportunity to own or lease a space in an iconic four-story historic building located in the heart of downtown Quincy, directly across from the vibrant Washington Park and just steps from the city’s seasonal festivals, Blues in the District, art shows, and farmer’s markets.
Formerly home to a thriving bar, nightclub, and event venue, this stunning structure offers limitless possibilities. Whether you’re envisioning a bustling entertainment hub, trendy retail concept, upscale restaurant, creative office space, boutique hotel, art gallery, co-working lofts — if you can dream it, this space can become it and we can build to suit that dream.
Each floor tells a story, and yours is the next chapter.
KEY FEATURES:
4 stories of character-rich, flexible space totaling over 15,000 sq ft.
Second floor framed and ready for apartments or short-term rentals (Airbnb) — creating a built-in income stream with high demand in the downtown district. In the back half of the second floor is an additional bar and more open-concept space perfect for a speakeasy or lounge.
Third and Fourth Floors available as build-to-suit spaces, a completely blank slate — perfect for tenants seeking custom layouts for offices, studios, gyms or fitness centers, lofts, or boutique concepts. These floors can be made into whatever you can dream up to make Quincy thrive.
Rooftop access and upper floors each have nearly floor to ceiling windows that boast breathtaking views of Quincy’s iconic bridges and historic downtown.
Historic architectural details — exposed brick, original woodwork, and soaring ceilings that blend charm with opportunity!
Modernized with updated mechanicals — offering a head start for redevelopment.
Rear alley access and private parking options — a rarity in downtown properties.
Zoning allows for a wide variety of commercial, residential, and mixed-use possibilities.
Highly visible location in a high-traffic area with prime walkability to downtown shops, dining, breweries, and entertainment.
Available For Sale or Lease — flexible ownership or tenant arrangements to fit your business model
|| Opportunities like this don’t come around often. Join the movement. Be a part of Quincy’s next great chapter! ||
Schedule a private tour today and explore how this one-of-a-kind space can become your next big move.
Listed by Zach Tuley - Gem City Real Estate Group, Broker
Broker Owned.