For Lease
$16/SF/YR

2875 Water St Decatur, IL 62526

6,050 sq ft retail space in Decatur, IL

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
This 6,050-square-foot retail space, located at 2875 N Water St in Decatur, Illinois, presents a significant opportunity for businesses seeking a prominent location. Built in 1977 and recently renovated, the property boasts a flexible layout ideal for various commercial uses. The east section features a large retail area, two sizable rooms, two offices, a kitchenette, and two public restrooms. The west section offers a spacious open area, an employee restroom, and a mechanical room. The B-2 Commercial zoning allows for a wide range of business types. Situated just south of Decatur's main retail corridor along Water Street, the property benefits from high traffic counts exceeding 42,000 vehicles daily, and proximity to numerous national, regional, and local businesses. This prime location offers excellent visibility and accessibility, with convenient access to major highways, including easy commutes to St. Louis, Chicago, Indianapolis, Champaign, Bloomington, and Springfield. The property's previous tenant was a medical supply store. The entire space is currently vacant and ready for immediate occupancy. The property is located in Macon County, Illinois, zip code 62526.

Highlights

  • 6,050 SF retail space at 2875 N Water St, Decatur, IL.
  • Recently renovated with flexible layout suitable for various commercial uses.
  • High traffic counts exceeding 42,000 vehicles daily on Water Street, Decatur's main retail corridor.
  • B-2 Commercial zoning allows diverse business types.

Property Details for 2875 Water St

Property type
Retail properties
RSF (Rentable sq. ft)
6,050 SF
Year Built
1977

Unit(s) available at that property

Space
Size
6,050 SF
Rate per SF
$16

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.8741768
Longitude
-88.9554838

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FAQs

What type of property is this?
Retail property - 6,050 sq ft retail space in Decatur, IL
Where is the retail property located?
The property is located at 2875 Water St Decatur, IL.
What is the lease rate?
The lease rate is $16/SF/YR.
What are key features of this property?
This property features: 6,050 SF retail space at 2875 N Water St, Decatur, IL.; Recently renovated with flexible layout suitable for various commercial uses.; High traffic counts exceeding 42,000 vehicles daily on Water Street, Decatur's main retail corridor.
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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Contacts

AJ Thoma III, CCIM, SIOR
AJ Thoma III, CCIM, SIOR
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Water St
Decatur, IL 62526

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Water St
Decatur, IL 62526

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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2875 Water St
  • AJ Thoma III, CCIM, SIOR
    AJ Thoma III, CCIM, SIOR
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