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Automotive Garage With Adjoining Lot
For Sale
$155,000

1058 N Water Street, Decatur, IL 62523

B2-zoned property includes a service garage and additional land for commercial use.

Property SizeContact for details
Lot Size0.66 Acres
Days on Market21

Property Features for 1058 N Water Street

General Information

Standard status Active
Lot size 0.66 Acres

Site & Location

Traffic Count 11,500 vehicles/day
Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $1,446
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #471020044
Source: Exprealty
Added: Aug 5 Changed: Aug 25 Last Checked: Aug 24 at 11:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Main Place Real Estate

Investment Insights

Based on property information with market context.

This automotive property includes a 2,127-square-foot service garage, an adjoining lot, and approximately 0.66 acres of total land. Built in 1968, the property is zoned B2 and can support continued automotive operations or other stated commercial uses, including contractor and service businesses, vehicle sales, retail, or future redevelopment.

The site is positioned along Business Route 51, a north-south commercial corridor in Decatur. Traffic counts exceed 11,500 vehicles per day, providing direct exposure from the route. The combined garage and additional land create a flexible configuration for automotive, service-related, or broader commercial applications.

Key Highlights

  • 2,127‑square‑foot automotive service garage
  • Approximately 0.66 acres of total land, including an adjoining lot
  • Located along Business Route 51 in Decatur

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Storage Facility Skin Care Clinic Gym & Fitness Center Big Box & Wholesale Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby
27k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
12,904 visits/mo 0.4 miles
Shell Shops & Services
6,517 visits/mo 0.3 miles
Family Dollar Shops & Services
5,221 visits/mo 0.3 miles
Firestone Complete Auto Care Shops & Services
1,528 visits/mo 0.5 miles
Safelite AutoGlass Shops & Services
534 visits/mo 0.3 miles

Demographics for 62523, IL

886
Population
364
Households
2.4
Avg Household Size
40
Median Age
5%
College-Educated
68%
High-School Grad
0.4 sq mi
ZIP Area
2,215
Density / Sq Mi
$333
Median Rent

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Speed Lube Complete Auto Care 567 W Eldorado St, Decatur, IL 62522
  • Dust & Son Auto Supplies 748 E Prairie Ave, Decatur, IL 62523
  • South End Autoplex 1215 E Prairie Ave, Decatur, IL 62521
  • MGT Films - Decatur, Illinois 214 N Franklin St FL 1, Decatur, IL 62523
  • O k's Transmission Service 1228 E Wood St, Decatur, IL 62521

Frequently Asked Questions

What type of property is this?
Auto shop - B2-zoned property includes a service garage and additional land for commercial use.
Where is this auto shop located?
The property is located at 1058 N Water Street Decatur, IL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 2,127‑square‑foot automotive service garage; Approximately 0.66 acres of total land, including an adjoining lot; Located along Business Route 51 in Decatur
More about this property
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