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2800 Oakland Ave Decatur, IL 62526

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For Sale
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6-Building Multi-Tenant Complex

Property size:
12,976 SF

Property Features for 2800 Oakland Ave

General Information

Property type
Distribution properties
Square Feet
12,976 SF
Class
D
Lot Size
94,090 SF

Building Details

Year Built
1930
Buildings
6
Stories
1
Units
60

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Listing Contact
Cole Babcock
Cole Babcock

Listing Agency: Vieweg Real Estate Listing Agent: Cole Babcock

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This Decatur, IL, industrial property offers a unique investment opportunity. Comprising six buildings totaling 12,976 net rentable square feet on a 2.16-acre lot, this Class D property features a mix of warehouse, flex, and distribution space. The main building, exceeding 2,700 square feet, includes two offices, one bathroom (with plumbing for two more), a utility room, and several additional rooms. Eleven storage units are integrated within this building. A 3,000-square-foot garage addition boasts two overhead swing doors, electricity, a furnace, and 10-foot ceilings. Another building, measuring 1,500 square feet, offers 10-12 foot overhead powered doors, 100-amp service, and 12-foot ceilings. Four additional buildings provide further storage space, ranging from 900 to 1,776 square feet, totaling 5,776 square feet. The property also includes over 20 parking spaces and a fenced area encompassing 1.75 acres. Built in 1930, this multi-tenant property currently houses 60 units, with a ceiling height ranging from 10 to 14 feet. The asking price is $279,900 ($21.57/sq ft, $4,665/unit). The property has a modified lease type and is offered for sale by owner
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Arts Rentals Storage Facility K & M Portable ... Building Supply

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Decatur
County
Macon
State
Illinois
Longitude
-88.97307209311
Latitude
39.872886108267

FAQs

What type of property is this?
Distribution property - 6-Building Multi-Tenant Complex
Where is this distribution property located?
The property is located at 2800 Oakland Ave Decatur, IL.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Decatur, IL industrial property; 12,976 net rentable sq ft on 2.16 acres.; Six buildings, mix of warehouse, flex, & distribution space; Class D.; Main building: 2,700+ sq ft, 2 offices, 1 bath (plumbing for 2 more), utility room, 11 storage units.
(217) 433-0839 Call to check price and availability
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