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2950 N Water Street

Decatur, IL 62526
  • $850,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 6220028
$850,000
  • 0
    BEDS
  • 1.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:
Area:

School Ratings & Info

Description

Central Illinois Retail Strip Investment Opportunity FOR SALE. Located in the heart of central Illinois with great road frontage and visibility. The property is on the corner of US Rt 51 North and Pershing Road seeing nearly 26,000 vehicles per day. Current tenants for this property include Jimmy Johns, State Farm, Cross Country Health, Pooches Dog Grooming, Baby Talk, and Mark James Salon. Good in-place income with value-add opportunity through leasing the three vacant spaces. There is additional income with the LAMAR billboard that is located on the property. In close proximity you will find a variety of different businesses, venues, and amenities. This Strip is nearly 11,000 Square feet and has a ton of surface parking.

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© 2022 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Main Place Real Estate. Data last updated: 2022-05-18T00:27:53.14.
www.mainplace.us/homes/127353393
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2950 N Water Street Decatur, IL 62526

  • Price: $850,000
  • Status: Active
  • On Site: 43 Days
  • MLS #: 6220028
0
Beds
0
Baths
0
½ Baths
1.67
Acres
1959
Built
Neighborhood:
Decatur
County:
Macon
Area:
Decatur
Property Description
Central Illinois Retail Strip Investment Opportunity FOR SALE. Located in the heart of central Illinois with great road frontage and visibility. The property is on the corner of US Rt 51 North and Pershing Road seeing nearly 26,000 vehicles per day. Current tenants for this property include Jimmy Johns, State Farm, Cross Country Health, Pooches Dog Grooming, Baby Talk, and Mark James Salon. Good in-place income with value-add opportunity through leasing the three vacant spaces. There is additional income with the LAMAR billboard that is located on the property. In close proximity you will find a variety of different businesses, venues, and amenities. This Strip is nearly 11,000 Square feet and has a ton of surface parking.
Exterior Features

Exterior Features Business DistrictOfficeSidewalksSmoke AlarmsStreet LightsTraffic Count Avail Lake Front Yn No Number Of Drive In Doors 0 Number Of Overhead Doors 0 Number Of Parking Spaces 50 Road Frontage 170 Road Surface Type ConcreteAsphalt Roof Rubber

Interior Features

Cooling Central Heating Forced Air Lay Out Private Offices Sq Ft Building 10967 Sqft Lease Max 3723 Sqft Lease Min 1156 Sqft Other 0 Total Above Grade Sqft 0

Property Features

Association Amenities Common Ground MaintenanceExterior Biulding MaintenanceAir CondAlarm SystemHandicap AccessParking-On Site Build Out As Other Business Name Courtyard Plaza Business Type Retail Commercial Lease Sale & Lease Date Available 2022-03-30 Electric Other Existing Lease Exp Negotiable Lease Yn Yes Lot Size Square Feet 72745.20 Office Sqft 1500 Owner Pays Other Possible Use FlexMedicalOfficeOffice/RetailRetail Property Sub Type Retail Restrictions Yn No Sewer Desc City Sewer Special Listing Conditions None Subdivision Yn No Tax Amount 29110.00 Tax Year 2021 Water Heater Gas Water Source Public Zoning Com

Listing information © 2022 Central Illinois Board of Realtors MLS.
Listing provided courtesy of Tim Vieweg of Vieweg Real Estate - Downtown.


© 2022 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Main Place Real Estate. Data last updated: 2022-05-18T00:27:53.14.
 
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Main Place Real Estate
101 S Main Street, Suite 700
Decatur IL, 62523