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    2980 N Main Street

    Decatur, IL 62526
    • $425,000
    • STATUS: Active
    • ON SITE: 13 days
    • MLS #: 6202471
    UPDATED: 67 min ago
    $425,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1992
    County:
    Area:

    School Ratings & Info

    Description

    Investment Opportunity! Multiple tenant strip building centrally located in Decatur, Illinois. The property is currently fully occupied with three medical tenants including Beltone Hearing, Twilight Pediatrics, and Family Eye Care. The property totals .53 acres with the 7,425 square foot building constructed in 1989. Property has been well maintained and has retained many long standing tenants. Utilities are split - all units are separately metered for electric and natural gas. Priced to sell! Asking price is far less than the appraised value and the assessed Fair Market Value. Approximately $80,000 of annual rent income and 7.68% CAP Rate projection. Contact commercial brokers for all inquiries!

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    © 2020 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: 2020-07-10T19:27:39.567.
    www.mainplace.us/homes/107272279
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    2980 N Main Street Decatur, IL 62526

    • Price: $425,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 6202471
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    1992
    Built
    Neighborhood:
    Decatur
    County:
    Macon
    Area:
    Decatur
    Property Description
    Investment Opportunity! Multiple tenant strip building centrally located in Decatur, Illinois. The property is currently fully occupied with three medical tenants including Beltone Hearing, Twilight Pediatrics, and Family Eye Care. The property totals .53 acres with the 7,425 square foot building constructed in 1989. Property has been well maintained and has retained many long standing tenants. Utilities are split - all units are separately metered for electric and natural gas. Priced to sell! Asking price is far less than the appraised value and the assessed Fair Market Value. Approximately $80,000 of annual rent income and 7.68% CAP Rate projection. Contact commercial brokers for all inquiries!
    Exterior Features

    Construction Materials Brick Exterior Features Business District Foundation Type Other Lake Front Yn No Number Of Drive In Doors 0 Number Of Overhead Doors 0 Number Of Parking Spaces 30 Road Frontage 143 Road Surface Type Asphalt Roof Shingle

    Interior Features

    Cooling Central Elevator Yn No Heating Forced Air Lay Out Mostly Open Plan Sqft Lease Max 4565 Sqft Lease Min 1760 Sqft Other 0 Total Above Grade Sqft 0

    Property Features

    Association Amenities Handicap Access Build Out As Professional Services Commercial Lease Sale & Lease Existing Lease Exp Negotiable Gas Yn No Lease Yn No Lot Size Square Feet 0.00 Occupant Type Mixed Office Sqft 7425 Owner Pays TaxesNone Possible Use FlexOffice/Retail Property Sub Type Office Restrictions Yn No Sewer Desc City Sewer Space Condition Excellent Special Listing Conditions None Subdivision Yn No Tax Amount 21097.00 Tax Exemption None Tax Year 2019 Water Heater Electric Water Source Public Zoning B-1

    Listing information © 2020 Central Illinois Board of Realtors MLS.
    Listing provided courtesy of Zane Peterson of Main Place Real Estate.


    © 2020 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: 2020-07-10T19:27:39.567.
     
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    Main Place Real Estate
    101 S Main Street, Suite 103
    Decatur IL, 62523