For Sale
$175,000

701 Eldorado St Decatur, IL 62523

Prime QSR/Restaurant, 3,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 3,000-square-foot vacant restaurant/fast-food space presents a turnkey opportunity in Decatur, Illinois. Located on high-traffic West Eldorado Street (nearly 15,000 vehicles daily), this property boasts excellent visibility and accessibility. The 0.64-acre lot includes ample parking, accommodating two parcels. Previously housing Long John Silvers and Garcia's Pizza, the building offers a drive-thru and is ideally suited for a variety of quick-service or full-service restaurant concepts. Its Class C construction dates back to 1972, and the single-story building sits on a commercially zoned (COM) lot. The property's prime location offers proximity to Millikin University, downtown Decatur, and major roadways including Interstate access, Route 36, US Business Route 51, and Route 48. This is a rare chance to acquire a well-positioned, established restaurant space ready for immediate occupancy. The asking price is $175,000, translating to $58.33 per square foot. The property's APN is 04-12-15-130-007 & 04-12-15-130-005. Don't miss this chance to capitalize on a thriving Decatur location.

Highlights

  • Turnkey restaurant facility, ready for immediate occupancy.
  • High-traffic location on West Eldorado Street, with nearly 15,000 vehicles daily, offering excellent visibility.
  • Includes a drive-thru.
  • 3,000 square foot building on a 0.64-acre lot with ample parking.
  • Prime Decatur location near Millikin University, downtown, and major roadways (I-access, Route 36, US 51, Route 48).
  • Asking price: $175,000 ($58.33/SF).

Property Details for 701 Eldorado St

Property type
Retail properties, Restaurants
Square Feet
3,000 SF
Class
C
Year Built
1972
Buildings
1
Stories
1
Lot Size (sq. ft)
27,878 SF
Units
1

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.845571357107
Longitude
-88.965123939009

FAQs

What type of property is this?
Retail property - Prime QSR/Restaurant, 3,000 SF
Where is the retail property located?
The property is located at 701 Eldorado St Decatur, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Turnkey restaurant facility, ready for immediate occupancy.; High-traffic location on West Eldorado Street, with nearly 15,000 vehicles daily, offering excellent visibility.; Includes a drive-thru.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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701 Eldorado St
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