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Property profile & analytics
FOR LEASE
Drive through restaurants

2801 N Main St Decatur, IL 62526

12.66 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US28-4498719
Property summary
AI-generated overview

This 1,300-square-foot freestanding commercial building, located at 2801 N Main St in Decatur, Illinois, presents a unique opportunity for a single tenant. Built in 1978, the property was originally a Taco Bell and has been converted to retail/office use, with all restaurant equipment removed. The interior currently features two rooms, a file room, kitchenette, and one restroom. A significant advantage is the inclusion of a drive-through window and lane, a rare feature for this type of property. The building is zoned B2-Commercial, allowing for a wide range of commercial uses. Situated just south of Decatur's prime retail shopping district on Main Street, the property benefits from high visibility and significant traffic volume exceeding 42,000 cars daily. This area boasts a mix of national, regional, and local businesses. Decatur's strategic location offers easy access to major metropolitan areas, including St. Louis (123 miles), Chicago (177 miles), Indianapolis (155 miles), Champaign (45 miles), Bloomington (46 miles), and Springfield (44 miles), making it an attractive location for businesses seeking regional reach. The entire 1,300 square feet is currently vacant and ready for immediate occupancy. The property is located in Macon County, Illinois, zip code 62526.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Lot 12.66 ac (551,470 SF)
Zoning code MUNICIPAL
APN 04-12-03-202-005
UPID US28-4498719
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
  • Liberty Mutual Car Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
WTD LLC
WTD LLC
Zoning & alternative use
MUNICIPAL · Decatur, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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