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Property profile & analytics
OFF-MARKET
Office buildings

1234 Cerro Gordo St Decatur, IL 62522-2008

1.58 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US28-4094236
Property summary
AI-generated overview

Own this thriving Decatur, IL brewery, Door 4 Brewery, asking $800,000. This 4,000 square foot, three-story Class B building, built in 1959 and renovated in 2015, sits on a 1.53-acre lot with 25 parking spaces. The property includes a fully equipped brewery, a spacious taproom perfect for events, and a popular outdoor patio. Currently operating at 100% occupancy with four units, this multi-tenant property offers a proven track record of success in a high-traffic area near campus. The sale includes all brewing equipment, allowing for immediate production and potential expansion. The established brand presence and loyal customer base provide a strong foundation for continued growth, with opportunities to expand distribution and product lines. The property is zoned commercial and features a modified lease type. This is a unique opportunity for craft beer enthusiasts, entrepreneurs, or investors seeking a turn-key operation in a vibrant community. The property's prime location and established reputation make it an attractive investment with significant potential for future growth. The building's 4,000 square feet of net rentable space provides ample room for operations and potential expansion. This is a rare opportunity to acquire a successful and well-regarded business in a desirable location. The property's features, including the outdoor patio and spacious taproom, contribute to its overall appeal and revenue-generating potential. The property's history and established customer base provide a solid foundation for future success. The sale includes all necessary equipment for immediate operation. This is an exceptional opportunity to own a piece of Decatur's thriving craft beer scene.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 1.58 ac (68,825 SF)
Zoning code MUNICIPAL
APN 04-12-16-226-008
UPID US28-4094236
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marquis Coffee Roasters Cafe & Coffee Shop Specialty Food Shop
  • Marquis Development Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Downstate Properties LLC · 4 yrs held
Downstate Properties LLC
since 2022
4 recorded transactions
2022
Price N/A
2020
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
MUNICIPAL · Decatur, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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