2875 Water St Decatur, IL 62526
- Retail properties
- 6,050 SF
Current Use by Public Records
- Retail properties
Property Details for 2875 Water St
- Year built
- 1977
- Property size
- 6,050 SF
- Property type
- Retail properties
Description
This 6,050-square-foot retail space, located at 2875 N Water St in Decatur, Illinois, presents a significant opportunity for businesses seeking a prominent location. Built in 1977 and recently renovated, the property boasts a flexible layout ideal for various commercial uses. The east section features a large retail area, two sizable rooms, two offices, a kitchenette, and two public restrooms. The west section offers a spacious open area, an employee restroom, and a mechanical room. The B-2 Commercial zoning allows for a wide range of business types. Situated just south of Decatur's main retail corridor along Water Street, the property benefits from high traffic counts exceeding 42,000 vehicles daily, and proximity to numerous national, regional, and local businesses. This prime location offers excellent visibility and accessibility, with convenient access to major highways, including easy commutes to St. Louis, Chicago, Indianapolis, Champaign, Bloomington, and Springfield. The property's previous tenant was a medical supply store. The entire space is currently vacant and ready for immediate occupancy. The property is located in Macon County, Illinois, zip code 62526.
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
- -88.9555
- Latitude
- 39.8742
