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2165 N Lowber St 22,065 SF Industrial Building Decatur, IL 62526 $675,000 ($30.59/SF)

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INVESTMENT HIGHLIGHTS

  • New Roof 2024
  • LED Lights

EXECUTIVE SUMMARY

New roof 2024. LED lighting. Tuck-pointing 2024 and previous years. The new roof is pictured from the rooftop (the old metal roof is shown in the aerial view). New aerial photo coming soon. Extensive renovations in 1980s and extensive repairs in 2019 and 2024 to keep this gem of a warehouse functional for many more lifetimes to come.
3-phase.
15,000 +/- exterior concrete pad inside the fenced/gated yard.
6,700 +/- concrete, partial gravel parking on Lowber St entrance. Overflow space via a lot across from the main entrance.
2 overhead doors 14’ x 12’ steel drive-in doors with electric openers.
One exterior depressed/declining open loading dock.
Clear ceiling height 14’ – 18’ with 33' wide bays.
Fenced/gated acreage (+/- 2.52 acres) can be accessed from Woodford St.
Warehouse site/parcel acreage itself is .65 acres including the side alley.
Heated office/shop area and additional storage room. 2 utility sinks in shop area.
Current bathroom: one toilet, one sink, water heater. Plumbing exists for 2 more toilets.
Mezzanine area above shop area (3,230 sf).
Warehouse has extensive gas piping to existing (but not currently used) heaters in approx. 1/2 of the open warehouse space.
Security system.
More information and photos arriving soon.

PROPERTY FACTS

Price $675,000
Price Per SF $30.59
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
  • Industrial Service
Building Class B
Lot Size 3.17 AC
Rentable Building Area 22,065 SF
No. Stories 1
Year Built/Renovated 1930/2024
Tenancy Single
Parking Ratio 1.36/1,000 SF
Clear Ceiling Height 25’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Zoning M-2 Heavy Industrial - Light Industry district

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Wheelchair Accessible
  • Storage Space

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04-12-02-478-008
  • 04-12-02-427-001
  • 04-12-02-477-001
Land Assessment
$42,088
Improvements Assessment
$41,290
Total Assessment
$83,378
  • Listing ID: 33013530

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 2165 N Lowber St, Decatur, IL 62526

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