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Investment Highlights

  • Abundant Laydown Area
  • Fenced yard
  • Well maintained facility
  • On premises maintenance shop
  • Newer roof

Executive Summary

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this industrial building located in Decatur, IL. Constructed in 1966, the property features three structures including a 19,000 SF primary industrial building, a 3,744 SF maintenance/shop building, and a 484 SF tool shed. The main building is comprised of: 18’ clear heights, 3 dock doors, 1 drive in door, 385 SF two story office, 600 AMP 480V 3-Phase pawer, and 1 restroom. The building was formally used for plant-based oil refining and received a new roof around 2016. The maintenance building features: 14’7” clear heights, heat, electricity, plumbing (no restroom), and 2 drive in doors (pass through). The tool shed is a small 22’ x 22’ shed on the far west of the property. The entire property is fenced with roughly 2 acres of lot/laydown yard.
Area Description
The property is located off Martin Luther King Jr Dr. and E. Pythian Ave, just south of Pershing Rd. in North Decatur. The area is surrounded by a mixed use of industrial users, residential properties, and retail. Decatur IL is centrally located lying 40 miles east of Springfield (IL), 45 miles south of Bloomington-Normal, 50 miles southwest of Champaign-Urbana, 135 miles northeast of St. Louis (MO), 150 miles west of Indianapolis (IN), and 180 miles southwest of Chicago.

Property Facts

Price $650,000
Price Per SF $28.58
Sale Type Investment or Owner User
Property Type Industrial
Building Class C
Lot Size 2.73 AC
Rentable Building Area 22,744 SF
No. Stories 1
Year Built 1966
Tenancy Single
Parking Ratio 0.66/1,000 SF
Zoning M1 - Intense Commercial/Light Industrial
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
04-12-02-178-014
Land Assessment
$21,910
Improvements Assessment
$127,833
Total Assessment
$149,743
  • Listing ID: 30043060

  • Date on Market: 11/13/2023

  • Last Updated:

  • Address: 765 E. Pythian ave, Decatur, IL 62526

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