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Automotive Service Garage
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For Lease
Contact for pricing

1058 N Water St, Decatur, IL 62523

Garage improvements and adjacent land support automotive, contractor, service, retail, or vehicle sales operations.

Space Size2,127 SF
Lot Size0.66 Acres
Days on Market6

Property Features for 1058 N Water St

General Information

Standard status Active
Size 2,127 SF
Lot size 0.66 Acres
Property subtype RETAIL

Space & Availability

Available Land 0.66 Acres
Space Use Auto Shop

Additional Details

Land Use automotive, contractor, service, vehicle sales, retail, commercial

Spaces For Lease

at 1058 N Water St Contact us

1058 N Water St

Floor
Bldg
Size
2,127 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- The offering includes the existing service garage property and an additional adjoining...
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Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #481010682
Source: Moodyscre
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 30 at 1:11AM

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 together with an adjoining lot, creating approximately 0.66 acres of total land. The existing improvements support continued automotive operations and may also accommodate contractor or other service-related activities.

The property can also serve vehicle sales or retail uses, with the additional land providing a basis for future commercial redevelopment. Located at 1058 N Water St in Decatur, Illinois, the site combines an existing garage structure with a separate adjoining parcel.

Key Highlights

  • 2,127‑square‑foot existing service garage
  • Approximately 0.66 acres including the adjoining lot
  • Automotive, contractor, and service‑related use potential

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

NNN (Triple Net)
Lease Type

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
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Auto shop - Garage improvements and adjacent land support automotive, contractor, service, retail, or vehicle sales operations.
Where is this auto shop located?
The property is located at 1058 N Water St Decatur, IL.
What are key features of this property?
This property features: 2,127‑square‑foot existing service garage; Approximately 0.66 acres including the adjoining lot; Automotive, contractor, and service‑related use potential
(217) 454-8800 Call to check price and availability
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