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Downtown Decatur Office Space Available
For Lease
$3,000/Mo NNN

160 E Main St, Decatur, IL 62523

Approximately 3,000 sq ft of office space for lease.

Space SizeContact for details
Lot Size0.16 Acres
Days on Market1457

Property Features for 160 E Main St

General Information

Standard status Active
Lot size 0.16 Acres

Taxes and HOA fees

Annual Taxes $14,929
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #471020044
Source: Exprealty
Added: Aug 26, 2022 Changed: Aug 21 Last Checked: Aug 21 at 10:21AM

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.

Approximately 3,000 square feet of office space is available for lease in downtown Decatur. The lease rate is $12 per square foot NNN. The available space is located on the corner of the second floor, overlooking Main and Water Streets. The building is serviced by an elevator.

Key Highlights

  • Prime downtown Decatur location.
  • Approximately 3,000 square feet of office space.
  • Lease rate of $12 per square foot NNN.

Property Analytics

Current Use

Express Portable Toilets Building Supply The Law Office Of Christopher ... Law Firm Gallery 510 Art ... Art Gallery Capelli's Studio & Spa Hair Salon Beauty by Bre Hair Salon

Suggested Use

Top Pick Bakery Skin Care Clinic Storage Facility Garden Center Locksmith Computer & Electronic Repair

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

1,367
Businesses Nearby

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

Lease Benchmarks for Decatur, IL

$12.64 /SF/Yr
Avg Asking Price
$10–$15.25 /SF/Yr
Price Range
3,380 SF
Avg Space Size

This space is priced 5% below the average of $12.64 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Approximately 3,000 sq ft of office space for lease.
Where is this office units located?
The property is located at 160 E Main St Decatur, IL.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Prime downtown Decatur location.; Approximately 3,000 square feet of office space.; Lease rate of $12 per square foot NNN.
More about this property
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