1902 Water St Decatur, IL 62526
- Warehouses
Current Use by Public Records
- 55 Gallon Drums Decatur / Barrel Supplier
- Confidential On Site Paper Shredding / Shredding Service / Recycling Center
Property Details for 1902 Water St
- Year built
- 1913
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional industrial property, located at 1902 N. Water Street in Macon County, presents a rare opportunity. The 3.52-acre lot boasts a highly visible location on US Route 51, experiencing over 12,000 vehicles daily (per IDOT). The property features approximately 29,000 square feet of improved space, primarily comprised of connected warehouse buildings and a separate sales office. The warehouse itself offers efficient operations with four loading docks equipped with levelers, ensuring seamless semi-truck access, and three drive-in doors. Adding to its functionality is a 75-foot, 100,000-pound capacity truck scale. The property is fully fenced, providing secure storage and ample lay-down space. The site is zoned M-2 for Heavy Industrial Use, allowing for a wide range of applications. While the property abuts a rail line, a spur is not currently in place. Built in 1913 and renovated in 1996, this property offers a blend of character and modern functionality. The asking price is significantly below the assessed fair market value, making this an exceptional investment opportunity. The APN is 04-12-11-101-015.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Macon
- State
- Illinois
- Longitude
- -88.9546
- Latitude
- 39.8611
