Industrial Flex Building with
For Lease
Contact for pricing
1591 N Water St, Decatur, IL 62526
Versatile flex facility includes finished office space, dock and drive-in doors, heated/cooled warehouse, and on-site parking.
Space Size9,510 SF
Lot Size0.49 Acres
Days on Market110
Property Features for 1591 N Water St
General Information
Standard status
Active
Size
9,510 SF
Total Parking Spaces
17
Lot size
0.49 Acres
Property subtype
INDUSTRIAL
Zoning
B-2
Lease Type
NNN
Warehouse & Industrial
Clear Height
17 ft
Dock-High Doors
1
Drive-In Doors
1
Heavy Power
Yes
Building Details
Year Built
1998
Spaces For Lease
at 1591 N Water St
1591 N Water St
$6/SF/Yr
Floor
Bldg
Size
9,510 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The warehouse provides an efficient open layout with 14'-17' clear height, a 9' x 10' dock door with leveler, 10' x 12' drive-in overhead door, mezzanine storage, warehouse heated and cooled with RTU, and 3-phase, 800-amp, electrical service, making it well suited for light manufacturing, distribution, service contractors, printing, fabrication, or other industrial users.
Contact us
Listing Agency:
Main Place Real Estate
(217) 422-3330
Listed By:
Zane Peterson · License #471020044
(217) 454-8800
Source:
Moodyscre
Added: Jul 3
Changed: Oct 4
Last Checked: Oct 19 at 9:29AM
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
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Investment Insights
Based on property information with market context.
Industrial flex property combining office, showroom-style finished space, and warehouse operations on a 0.49-acre corner lot. The masonry, steel-frame building was constructed in 1998 and includes approximately 2,330 square feet of finished office space with a reception area, conference room, private office, open work area, break room, and four restrooms. The warehouse offers an open layout with 14 to 17 feet of clear height, a 9' x 10' dock door with leveler, a 10' x 12' drive-in overhead door, and mezzanine storage. Warehouse space is heated and cooled with RTU, supported by 3-phase, 800-amp electrical service.
The property sits at the intersection of N Water Street (US Route 51) and Division Street in Decatur, Illinois, with dual street access and strong frontage along US Route 51. Approximately 17 on-site parking spaces are available. Zoned B-2 Community Commercial, the building is described as suitable for a range of commercial, office, showroom, warehouse, and light industrial uses. The property is reported to be well maintained and move-in ready, with both owner-user and investor use considered.
The property sits at the intersection of N Water Street (US Route 51) and Division Street in Decatur, Illinois, with dual street access and strong frontage along US Route 51. Approximately 17 on-site parking spaces are available. Zoned B-2 Community Commercial, the building is described as suitable for a range of commercial, office, showroom, warehouse, and light industrial uses. The property is reported to be well maintained and move-in ready, with both owner-user and investor use considered.
Key Highlights
- Versatile industrial flex/office showroom with approximately 9,510 SF on a 0.49‑acre corner lot at N Water St (US Route 51) and Division St in Decatur, IL
- Finished office area of approximately 2,330 SF includes reception, conference room, private offices, open work area, break room, and four restrooms
- Warehouse with 14'-17' clear height, 9' x 10' dock door with leveler, 10' x 12' drive‑in overhead door, plus mezzanine storage
Property Analytics
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Current Use
Lease Details
17 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Heavy power
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
Under-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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Versatile flex facility includes finished office space, dock and drive-in doors, heated/cooled warehouse, and on-site parking.
Where is this flex space located?
The property is located at 1591 N Water St Decatur, IL.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: Versatile industrial flex/office showroom with approximately 9,510 SF on a 0.49‑acre corner lot at N Water St (US Route 51) and Division St in Decatur, IL; Finished office area of approximately 2,330 SF includes reception, conference room, private offices, open work area, break room, and four restrooms; Warehouse with 14'-17' clear height, 9' x 10' dock door with leveler, 10' x 12' drive‑in overhead door, plus mezzanine storage
