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Retail Space on Main Retail Corridor
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240 N 13th Street, Decatur, IN 46733

Retail space located at the junction of U.S. 224 and U.S. 27 for high-visibility access along Decatur’s primary retail corridor.

Property SizeContact for details
Days on Market134

Property Features for 240 N 13th Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: Fisher James Capital
Listed By: Putnam Daily · License #CA 01750064
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 2:02AM

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 Fisher James Capital

Investment Insights

Based on property information with market context.

This retail space is positioned at the junction of U.S. 224 and U.S. 27 in Decatur’s main retail corridor, benefiting from strong visibility in a heavily trafficked location with AADT of 9,393 on U.S. 224 and 19,699 on U.S. 27. The property is situated near multiple shopping centers, including Village Green Shopping Center, Decatur Plaza Shopping Center, and Gerber Shopping Center.

Area retail is anchored by a mix of regional and national tenants such as Tractor Supply Company, Dollar General, Kroger, Dollar Tree, Ace Hardware, AT&T, and True Value hardware. Additional nearby businesses include Wells Fargo Bank, McDonalds, CVS, and Walgreens.

The property is also located less than two miles from a 184,013 square foot Walmart Supercenter. Demographic indicators provided include an average household income of $57,812 within a five-mile radius and a combined enrollment of more than 1,700 students across Decatur’s elementary, middle, and high schools within two miles.

Key Highlights

  • Retail space at the junction of U.S. 224 (9,393 AADT) and U.S. 27 (19,699 AADT) on Decatur’s main retail corridor.
  • High‑visibility access along a heavily trafficked intersection near Village Green, Decatur Plaza, and Gerber Shopping Centers.
  • Nearby national and regional tenants include Tractor Supply, Dollar General, Kroger, Dollar Tree, Ace Hardware, AT&T, and True Value.

Property Analytics

Current Use

Hardee's Restaurant

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Daycare Center Garden Center Computer & Electronic Repair Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby
139k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 24% Home Improvements & Furnishings 17% Electronics 3%
McDonald's Dining
24,666 visits/mo 0.2 miles
Rural King Home Improvements & Furnishings
23,784 visits/mo 0.4 miles
Taco Bell Dining
14,037 visits/mo 0.4 miles
Decatur Shops & Services
13,379 visits/mo 0.3 miles
Wendy's Dining
13,209 visits/mo 0.2 miles

Demographics for 46733, IN

18,669
Population
8,307
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
94%
High-School Grad
172.4 sq mi
ZIP Area
108
Density / Sq Mi
$63,804
Median Household Income
$41,394
Median Earnings
$818
Median Rent
$162,500
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Retail space - Retail space located at the junction of U.S. 224 and U.S. 27 for high-visibility access along Decatur’s primary retail corridor.
Where is this retail space located?
The property is located at 240 N 13th Street Decatur, IN.
What are key features of this property?
This property features: Retail space at the junction of U.S. 224 (9,393 AADT) and U.S. 27 (19,699 AADT) on Decatur’s main retail corridor.; High‑visibility access along a heavily trafficked intersection near Village Green, Decatur Plaza, and Gerber Shopping Centers.; Nearby national and regional tenants include Tractor Supply, Dollar General, Kroger, Dollar Tree, Ace Hardware, AT&T, and True Value.
(510) 289-1166 Call to check price and availability
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