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2602 N Morgan St 4,800 SF 44% Leased Office Building Decatur, IL 62526 $110,000 ($22.92/SF)
Executive Summary
For Sale or Lease - All brick office building located on the north side of Decatur. Floor plan is configured with 6 offices, open office area/reception, break room, two restrooms, and full basement with additional restroom. Parking on the property in addition to the yard to the west of the building. Zoned M-1 for an ample amount of permitted business uses. Formally used for offices and laboratory for Cargill. All laboratory equipment is as-is or can be removed prior to occupancy. Contact commercial broker for all inquiries.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,800 SF
Building Class
C
Year Built
1971
Price
$110,000
Price Per SF
$22.92
Percent Leased
44%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,800 SF
Building FAR
0.61
Lot Size
0.18 AC
Zoning
COM
Parking
9 Spaces (1.88 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 2,670 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 2,670 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 2,670 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 04-12-02-178-010 | Improvements Assessment | $19,526 |
| Land Assessment | $6,421 | Total Assessment | $25,947 |
Property Taxes
Parcel Number
04-12-02-178-010
Land Assessment
$6,421
Improvements Assessment
$19,526
Total Assessment
$25,947
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2602 N Morgan St
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