Downtown Decatur Retail
For Sale
$150,000
518 E Prairie Ave, Decatur, IL 62523
6500 SF retail facility with living quarters for sale.
Property Size6,500 SF
Lot Size0.31 Acres
Price / SF$23.08
Days on Market711
Property Features for 518 E Prairie Ave
General Information
Standard status
Active
Size
6,500 SF
Lot size
0.31 Acres
Listing Agency:
Vieweg RE/Better Homes & Gardens Real Estate-Service First
(217) 454-4037
Listed By:
Tim Vieweg · License #471018186
(217) 454-4037
Source:
Exprealty
Added: Aug 19, 2024
Changed: Jul 6
Last Checked: Jul 30 at 2:23PM
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 RE/Better Homes & Gardens Real Estate-Service First
Investment Insights
Based on property information with market context.
This 6500 square foot retail facility is available for sale. Formerly a florist retail facility, the building is situated on 0.31 acres in Downtown Decatur, offering road frontage, visibility, and easy access. The property includes living quarters on the second story, suitable for an apartment. Featuring two overhead doors, one at the front and one at the back, the building has potential for various business uses. It could be converted into a multi-tenant facility or serve as a space for a single business.
Key Highlights
- Prime Downtown Decatur location with high road frontage and visibility.
- Large 6500 sq ft retail facility on .31 acres.
- Living quarters on the second story, suitable as an apartment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,367
Businesses Nearby
17k
Monthly Visits Nearby
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?
Retail space - 6500 SF retail facility with living quarters for sale.
Where is this retail space located?
The property is located at 518 E Prairie Ave Decatur, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Prime Downtown Decatur location with **high road frontage and visibility**.; Large 6500 sq ft retail facility on .31 acres.; Living quarters on the second story, suitable as an apartment.
