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Industrial Warehouse with Cold Storage
For Lease
$5,500/Mo

2015 E Olive St, Decatur, IL 62526

Versatile warehouse space ideal for food-related businesses.

Space SizeContact for details
Lot Size1.89 Acres
Days on Market1128

Property Features for 2015 E Olive St

General Information

Standard status Active
Lot size 1.89 Acres

Taxes and HOA fees

Annual Taxes $17,881
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #471020044
Source: Exprealty
Added: Jul 21, 2023 Changed: Aug 21 Last Checked: Aug 21 at 12:49PM

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 industrial property, situated on 2 acres, features just under 20,000 square feet of warehouse space. Previously used by a regional food service and produce distributor, the property is particularly suitable for food-related businesses. Key features include multiple walk-in refrigerators and a freezer, several dock doors, an overhead drive-in interior dock and staging area, and a small sales office of approximately 700 square feet with restrooms. The refrigeration and freezer systems are Bohn systems. Ceiling clearance varies from 12 to 22 feet, accommodating racking and dry storage. The building is clean and well-maintained, with cold storage infrastructure that can remain or be removed. The intended use of the property is for warehouse purposes.

Key Highlights

  • Approximately 20,000 sq ft of warehouse space on 2 acres.
  • Previously food grade, ideal for food‑related businesses.
  • Numerous walk‑in refrigerators and freezers (Bohn systems) included.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Hair Salon Spa & Massage Center

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
$0.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby
Balanced
Demand for This Use

Demographics for 62526, IL

31,758
Population
16,425
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
66.0 sq mi
ZIP Area
481
Density / Sq Mi
$48,222
Median Household Income
$39,048
Median Earnings
$785
Median Rent
$91,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Archer Daniels Midland Co 2505 N Jasper St, Decatur, IL 62526

Frequently Asked Questions

What type of property is this?
Warehouse - Versatile warehouse space ideal for food-related businesses.
Where is this warehouse located?
The property is located at 2015 E Olive St Decatur, IL.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: Approximately 20,000 sq ft of warehouse space on 2 acres.; Previously food grade, ideal for food‑related businesses.; Numerous walk‑in **refrigerators and freezers (Bohn systems) included**.
More about this property
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