2015 Olive StDecatur, IL 62526

Property Details for 2015 Olive St

Lot size

1.89 AC

Zone code

MUNICIPAL

Property type

Commercial real estate

APN

04-12-12-128-028

APU

41212128028

Description

This Decatur, IL warehouse at 2015 E. Olive St. offers nearly 30,000 square feet of space on a 1.89-acre lot. Built in 1969 and zoned M-2, the property features a single-tenant occupancy and boasts significant cold storage infrastructure, including numerous Bohn walk-in refrigerators and freezers. The warehouse includes several dock doors, an overhead drive-in interior dock/staging area, and a 700-square-foot office with restrooms. Ceiling clearance varies from 12 to 22 feet, accommodating diverse storage needs. Previously used by a regional food service and produce distributor, this clean and well-maintained building is perfect for food-related businesses. The property's adaptable design allows for the cold storage equipment to remain or be removed to suit the tenant's requirements. The asking lease rate is $4 per square foot, net lease structure. Floor plans and a 3D virtual tour are available. APN: 04-12-12-128-028.

• Alternative Use

  Use

  Valuation

  Residential

  $24,467,708

  Hospitality

  $22,412,290

  Educational

  $18,646,762

  Medical

  $19,288,052

  Retail

  $29,006,074

Location Insight

City

Decatur

County

Macon

State

Illinois

Latitude

39.8601

Longitude

-88.9306

CBSA code

19500

CBSA name

DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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