For Sale
$1,211,306

405-427 E. Ash Ave Decatur, IL 62526

11,469 SF Office Investment Property For Sale

Source: https://www.cbcworldwide.com

Overview

Added:
Apr 9
Days on market:
13
Ash Ave Office Complex is off US 51 (25,100 VPD) and Ash Ave. (11,900 VPD) on the North side of Decatur IL. The property sits across the street from Decatur Crossing which is anchored by Sam’s Club and Wal-Mart Supercenter (both recently remodeled) and is the highest volume retail center in the area. Other businesses in the immediate area include: Walgreens, Slumberland Furniture, Panera, Arby’s, Burger King, Sprint Mobile, Flooring America, Joanne Fabrics, Monical’s Pizza, Fuji Japanese Steakhouse, El Rodeo Mexican Restaurant, Boost Mobile, Sally Beauty Supply, Personal Finance, Ruby’s Gaming, Mega Replay, and Mid America Credit Union. Decatur IL is centrally located lying 40 miles east of Springfield (IL), 45 miles south of Bloomington-Normal, 50 miles southwest of Champaign-Urbana, 135 miles northeast of St. Louis (MO), 150 miles west of Indianapolis (IN), and 180 miles southwest of Chicago.

o Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this Office Investment Building in Decatur. The building was constructed in 1997 and has undergone several updates in recent years. Currently fully leased: Great Lakes Psychology in 405 E. Ash Ave; Tharaldson Hospitality Management in 415 E. Ash Ave; Illinois House of Representatives in 419 E. Ash; Lighthouse Autism Center in 427 E. Ash Ave. 405 & 427 E. Ash have undergone extensive renovations in the last several years and have new regional tenants in place. The roof was replaced in 2020.

Property Details for 405-427 E. Ash Ave

Property type
Office properties, Office buildings
Square Feet
11,469 SF
Price / Square Foot
$105.62
Year Built
1997
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
32,234 SF

Location Insight

City
Decatur
County
Macon
State
Illinois

FAQs

What type of property is this?
Office property - 11,469 SF Office Investment Property For Sale
Where is the office property located?
The property is located at 405-427 E. Ash Ave Decatur, IL.
What is the asking price?
The asking price for this property is $1,211,306.
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405-427 E. Ash Ave
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