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1234 N Water St 5,000 SF 100% Leased Office Building Decatur, IL 62521 $150,000 ($30/SF)

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INVESTMENT HIGHLIGHTS

  • Garage attached.
  • Densely populated area.
  • High visibility.

EXECUTIVE SUMMARY

Office building situated off of Business Route 51. With over 10,000 vehicles per day, this property has a ton of visibility and road frontage. The layout of this building is mostly an open concept with 7 individual offices, a large conference/training room, and a lobby area. This property also incudes a small shop area that has an overhead door. The property includes 1.61 acres (7 parcel) with nearly an acre fenced in.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Building in Shell Condition
Property Type
Office
Building Size
5,000 SF
Building Class
C
Year Built
1991
Price
$150,000
Price Per SF
$30
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.11
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
MUNICIPAL

AMENITIES

  • 24 Hour Access
  • Wheelchair Accessible
  • Reception
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-12-11-301-033
Land Assessment
$33,055
Improvements Assessment
$78,142
Total Assessment
$111,197
  • Listing ID: 35008244

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: 1234 N Water St, Decatur, IL 62521

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