2800 Oakland Ave Decatur, IL 62526

Property Details for 2800 Oakland Ave

Lot size

2.16 lot acres

Zone code

MUNICIPAL

Property type

Warehouses

Property subtype

Self storage facilities

APN

04-12-03-151-003

APU

41203151003

Description

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