Downtown Decatur Restaurant Space
For Lease
$1,520/Mo
190 N Merchant Street, Decatur, IL 62523
Vacant restaurant space in vibrant downtown Decatur, Illinois.
Space SizeContact for details
Days on Market102
Property Features for 190 N Merchant Street
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$6,408
Listing Agency:
Main Place Real Estate
(217) 454-8800
Listed By:
Zane Peterson · License #471020044
(217) 454-8800
Source:
Exprealty
Added: May 14
Changed: Aug 21
Last Checked: Aug 22 at 8:51AM
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.
Located in downtown Decatur, this vacant restaurant space offers an opportunity for a new or expanding food service concept. The property, with an area of approximately 1,500 square feet, is situated along N Merchant Street, providing visibility and exposure to downtown traffic. It features a functional restaurant layout within a mixed-use corridor, near local businesses, retail establishments, and entertainment venues. This space is suitable for restaurant, café, or carryout businesses seeking a central downtown location.
Key Highlights
- Prime Downtown Decatur location with high visibility on N Merchant Street.
- Approximately 1,500 SF vacant restaurant space, ready for immediate occupancy.
- Functional restaurant layout suitable for various food service concepts.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.82 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,367
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
12,904 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
2,391 visits/mo
0.5 miles
Firestone Complete Auto Care
Shops & Services
1,528 visits/mo
0.2 miles
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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Vacant restaurant space in vibrant downtown Decatur, Illinois.
Where is this restaurant located?
The property is located at 190 N Merchant Street Decatur, IL.
What is the lease rate?
The lease rate is $1,520/Mo.
What are key features of this property?
This property features: Prime Downtown Decatur location with high visibility on N Merchant Street.; Approximately 1,500 SF vacant restaurant space, ready for immediate occupancy.; Functional restaurant layout suitable for various food service concepts.
