2805 Main St Decatur, IL 62526
This 2,520-square-foot freestanding retail building in Decatur, Illinois, presents a fantastic lease opportunity. Built in 1976, this single-tenant property boasts a prime location just south of Decatur's main retail shopping district on Main/Water/Bus US 51 & Pershing Ave, an area with over 42,000 vehicles passing daily. Previously occupied by a restaurant, the space is fully equipped with a kitchen featuring a 10' hood vent, gas griddle, gas range, stainless steel prep tables, a three-compartment sink, dishwasher, commercial microwave, True cooler and freezer, plus smallware, flatware, and an ice cream machine. The layout includes a front seating area (approximately 40 patrons), men's and women's restrooms, and an office. The B2 Commercial zoning allows for a wide variety of commercial uses. Its convenient location offers easy access to major transportation routes, including proximity to St. Louis (123 miles), Chicago (177 miles), Indianapolis (155 miles), Champaign (45 miles), Bloomington (46 miles), and Springfield (44 miles). This turnkey restaurant space is ideal for a variety of food service businesses or adaptable for other commercial ventures. The high traffic counts and central location make this a highly desirable property for any business seeking strong visibility and accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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