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1591 N Water St
Decatur, IL 62526
Industrial Property For Sale
Executive Summary
Industrial Flex / Office Showroom -- Available For Sale or Lease --
Versatile industrial flex property offering approximately 9,510 square feet of office and warehouse space on a 0.49-acre corner lot at the intersection of N Water Street (US Route 51) and Division Street in Decatur, Illinois. Originally constructed in 1998, the masonry and steel-frame building features approximately 2,330 square feet of finished office space with a reception area, conference room, private office, open work area, break room, and four restrooms.
The warehouse provides an efficient open layout with 14'-17' clear height, a 9' x 10' dock door with leveler, 10' x 12' drive-in overhead door, mezzanine storage, warehouse heated and cooled with RTU, and 3-phase, 800-amp, electrical service, making it well suited for light manufacturing, distribution, service contractors, printing, fabrication, or other industrial users.
Situated on a highly visible corner with approximately 17 on-site parking spaces, dual street access, and strong frontage along US Route 51, the property offers convenient accessibility and excellent functionality. Zoned B-2 Community Commercial, the building can accommodate a variety of commercial, office, showroom, warehouse, and light industrial uses. Well maintained and move-in ready, this property presents an excellent opportunity for an owner-user or investor seeking a flexible commercial asset in a central Decatur location.
Contact commercial real estate broker for more information.
Versatile industrial flex property offering approximately 9,510 square feet of office and warehouse space on a 0.49-acre corner lot at the intersection of N Water Street (US Route 51) and Division Street in Decatur, Illinois. Originally constructed in 1998, the masonry and steel-frame building features approximately 2,330 square feet of finished office space with a reception area, conference room, private office, open work area, break room, and four restrooms.
The warehouse provides an efficient open layout with 14'-17' clear height, a 9' x 10' dock door with leveler, 10' x 12' drive-in overhead door, mezzanine storage, warehouse heated and cooled with RTU, and 3-phase, 800-amp, electrical service, making it well suited for light manufacturing, distribution, service contractors, printing, fabrication, or other industrial users.
Situated on a highly visible corner with approximately 17 on-site parking spaces, dual street access, and strong frontage along US Route 51, the property offers convenient accessibility and excellent functionality. Zoned B-2 Community Commercial, the building can accommodate a variety of commercial, office, showroom, warehouse, and light industrial uses. Well maintained and move-in ready, this property presents an excellent opportunity for an owner-user or investor seeking a flexible commercial asset in a central Decatur location.
Contact commercial real estate broker for more information.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1998 |
| Rentable Building Area | 9,510 SF | ||
| Zoning | B-2 | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Rentable Building Area | 9,510 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Zoning | B-2 |
Property Taxes
| Parcel Number | 04-12-10-278-033 | Improvements Assessment | $121,418 |
| Land Assessment | $15,717 | Total Assessment | $137,135 |
Property Taxes
Parcel Number
04-12-10-278-033
Land Assessment
$15,717
Improvements Assessment
$121,418
Total Assessment
$137,135
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