2980 Main StDecatur, IL 62526

Property Details for 2980 Main St

Lot size

0.53 AC

Zone code

MUNICIPAL

Property type

Super regional malls

APN

04-12-03-227-018

APU

41203227018

Description

This exceptional medical office building, located at 2980 N Main Street in Decatur, Illinois, 62526, offers a fantastic opportunity for healthcare professionals seeking flexible and modern space. The building totals 7,425 square feet and sits on a 0.53-acre lot. Multiple tenancy is available, with individual suites ranging from a minimum of 1,400 square feet to a maximum contiguous space of 2,805 square feet. This allows for adaptability to various practice sizes and needs. The property is ideally suited for a variety of medical specialties, offering a convenient and accessible location within the Decatur community. The building's design and layout are conducive to a professional medical environment. Currently, there is at least one space available for lease, providing an immediate opportunity to establish or expand your practice. The property's address is easily accessible and offers ample parking for patients and staff. Interested parties should inquire for further details regarding lease terms and availability. This is a rare opportunity to secure high-quality medical office space in a desirable Decatur location. Don't miss out on this chance to establish your practice in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $9,060,915

  6.5%

  $8,363,922

  7%

  $7,766,499

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,526,224

  Geo Method

  $4,526,224

• Alternative Use

  Use

  Valuation

  Residential

  $7,055,281

  Hospitality

  $6,462,600

  Educational

  $5,376,807

  Medical

  $5,561,724

  Retail

  $8,363,922

Location Insight

City

Decatur

County

Macon

State

Illinois

Latitude

39.8758

Longitude

-88.9562

CBSA code

19500

CBSA name

DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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