Multi-Tenant Strip
For Lease
Contact for pricing
2950 N Water Street #220/230, Decatur, IL 62526
Commercial space offers ground-level access, ample parking, and signage opportunities along a busy north-south thoroughfare.
Space SizeContact for details
Property Size11,000 SF
Days on Market221
Property Features for 2950 N Water Street #220/230
General Information
Standard status
Active
Size
11,000 SF
Total Parking Spaces
20
Zoning
COMMERCIAL
Lease Type
Gross
Lease Term
Years - 3
Lease Terms
Lease Rate
$1,700 /USD/MO
Monthly Rent
$1,700
Additional Details
Floor
Ground Floor
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$34,057
Amenities
signage available
ground level access
Building Details
Building Size
11,000 SF
Year Built
1990
Buildings
1
Tenancy
Multi
Listing Agency:
The Real Estate Group, Inc.
(217) 638-1360
Listed By:
Jerry George · License #475159363
(217) 638-1360
Source:
Shawneehillsrealestate
Added: Jan 2
Changed: Aug 3
Last Checked: Aug 10 at 12:03PM
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 The Real Estate Group, Inc.
Investment Insights
Based on property information with market context.
This multi-tenant strip center includes a 1,400-square-foot commercial space at 2950 N Water Street, Suite 220/230, in Decatur, Illinois. The property was built in 1990 and carries COMMERCIAL zoning. Ground-level access supports convenient entry for occupants and visitors, while on-site parking serves the center’s tenants and customers.
The property sits along a busy north-south thoroughfare and is located among restaurants and retail businesses. Signage is available at the center, providing an opportunity for tenant identification along the corridor. The space may suit office, retail, medical, or restaurant-related occupancy based on the property’s stated configuration.
The property sits along a busy north-south thoroughfare and is located among restaurants and retail businesses. Signage is available at the center, providing an opportunity for tenant identification along the corridor. The space may suit office, retail, medical, or restaurant-related occupancy based on the property’s stated configuration.
Key Highlights
- 1,400‑square‑foot space in a multi‑tenant strip center
- COMMERCIAL zoning
- Ground‑level access
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.19 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
787
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
Strip mall - Commercial space offers ground-level access, ample parking, and signage opportunities along a busy north-south thoroughfare.
Where is this strip mall located?
The property is located at 2950 N Water Street #220/230 Decatur, IL.
What are key features of this property?
This property features: 1,400‑square‑foot space in a multi‑tenant strip center; COMMERCIAL zoning; Ground‑level access
