Medical Office Building with Multiple
For Lease
Contact for pricing
1501 N Water St, Decatur, IL 62526
Medical office building with three separate entrances, exam rooms, open areas, and a partial basement with 8' clear height.
Property Size6,140 SF
Days on Market18
Property Features for 1501 N Water St
General Information
Standard status
Active
Size
6,140 SF
Property subtype
OFFICE
Lease Type
SF/yr
Additional Details
Clear Height
8 ft
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 821-8553
Listed By:
Zach Wetherell
(217) 821-8553
Source:
Moodyscre
Added: Jul 13
Changed: Jul 26
Last Checked: Jul 29 at 2:46PM
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 Coldwell Banker Commercial Devonshire Realty
Investment Insights
Based on property information with market context.
This medical office building includes a partial basement of approximately 1,421 square feet with an 8' clear height. The space features five private offices, four exam rooms, multiple open rooms and an open area, a large kitchen area, a storage room, and six separate restrooms. There are also three lobby/reception areas and three separate building entrances, providing flexibility for how the space may be configured.
The property is located at 1501 N Water St in Decatur, IL 62526. With multiple entrances and the ability to subdivide if desired, the layout can support a range of medical office workflows within the building.
On-site areas are organized to balance private offices, patient-facing exam rooms, and larger open spaces, with dedicated restrooms and common reception zones to serve more than one functional area.
The property is located at 1501 N Water St in Decatur, IL 62526. With multiple entrances and the ability to subdivide if desired, the layout can support a range of medical office workflows within the building.
On-site areas are organized to balance private offices, patient-facing exam rooms, and larger open spaces, with dedicated restrooms and common reception zones to serve more than one functional area.
Key Highlights
- Partial basement of about 1,421 SF with 8' clear height
- Three separate entrances; building could be subdivided if desired
- Includes five private offices and four exam rooms
Property Analytics
Current Use
Lease Details
8 ft
Clear height
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Animal Clinic of Decatur — 270 W Eldorado St, Decatur, IL 62522
- Murphy Michael P DVM — 270 W Eldorado St, Decatur, IL 62522
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building with three separate entrances, exam rooms, open areas, and a partial basement with 8' clear height.
Where is this medical office space located?
The property is located at 1501 N Water St Decatur, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Partial basement of about 1,421 SF with 8' clear height; Three separate entrances; building could be subdivided if desired; Includes five private offices and four exam rooms
