Retail-Industrial Flex
For Sale
Contact for pricing
400 N Martin Luther King Jr Dr, Decatur, IL 62523
Two combined buildings offer divisible retail-industrial flex space with multiple entrances and private restrooms.
Property Size20,800 SF
Price / SF$20.43
Days on Market209
Property Features for 400 N Martin Luther King Jr Dr
General Information
Standard status
Active
Size
20,800 SF
Property subtype
Industrial, Retail
Building Details
Buildings
2
Stories
2
Units
2
Listing Agency:
Vieweg Real Estate
Listed By:
Tim Vieweg · License #IL 471.018186
(217) 454-4037
Source:
Crexi
Added: Feb 10
Changed: Aug 20
Last Checked: Sep 7 at 12:54PM
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 Vieweg Real Estate
Investment Insights
Based on property information with market context.
A combined retail/industrial flex property totaling 20,800 SF is available for sale and lease. The north building is a single-story 7,400 SF structure with an overhead door at the rear. The south building is 7,400 SF on the main level and includes 6,000 SF of finished space upstairs, with separate bathrooms and entrances for each unit.
The buildings are located near the heart of Decatur, IL on N Martin Luther King Jr Dr. The layout supports a multi-tenant configuration, since the two buildings are described as easily divisible even though they are currently combined.
Each unit has its own customer/tenant-accessible entry and dedicated restroom facilities, making the overall property well suited for flexible occupancy arrangements within the retail-industrial format described in the offering.
The buildings are located near the heart of Decatur, IL on N Martin Luther King Jr Dr. The layout supports a multi-tenant configuration, since the two buildings are described as easily divisible even though they are currently combined.
Each unit has its own customer/tenant-accessible entry and dedicated restroom facilities, making the overall property well suited for flexible occupancy arrangements within the retail-industrial format described in the offering.
Key Highlights
- Over 20,000 SF retail/industrial property at 400–426 N Martin Luther King, Decatur, IL
- Two 7,400 SF buildings are currently combined and easily divisible for multi‑tenant use
- North building: single‑story 7,400 SF with an overhead door in the back
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,445
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Two combined buildings offer divisible retail-industrial flex space with multiple entrances and private restrooms.
Where is this flex space located?
The property is located at 400 N Martin Luther King Jr Dr Decatur, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Over 20,000 SF retail/industrial property at 400–426 N Martin Luther King, Decatur, IL; Two 7,400 SF buildings are currently combined and easily divisible for multi‑tenant use; North building: single‑story 7,400 SF with an overhead door in the back
