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    2860-2870 N Main St Decatur, IL 62521

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    For Lease
    $16 SF/Yr ($3,866 /Mo)

    Retail space with offices and open areas, suitable for various businesses.

    Property size:
    2,900 SF
    Lot size:
    0.59 Acres

    Property Features for 2860-2870 N Main St

    General Information

    Size
    2,900 SF
    Lot size
    0.59 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent AJ Thoma III

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Available for Lease

    Originally constructed in 1993 as a two-tenant building, this property currently houses Godfathers Pizza and offers a vacant space previously occupied by Memorial Health. The available space is configured with four private offices, a conference room, a bullpen area, open retail areas, and men's and women's restrooms located in the rear. Zoned B2 – Commercial, the property accommodates a wide variety of commercial businesses. The property size is 2900 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.9562475
    Latitude
    39.8741625

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    FAQs

    What type of property is this?
    Retail space - Retail space with offices and open areas, suitable for various businesses.
    Where is this retail space located?
    The property is located at 2860-2870 N Main 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: - B2 Commercial Zoning: Allows for a wide variety of commercial businesses; - Existing Build-Out: Includes **4 private offices, conference room, bullpin area, open retail areas, and restrooms**; - Two-Tenant Building: Currently occupied by Godfather's Pizza, providing existing cash flow and customer traffic
    (217) 520-3299
    Request Owner's contact information
    2860-2870 N Main St Decatur, IL 62521
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    Decatur, IL 62521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2860-2870 N Main St Decatur, IL 62521
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