$1,250,000
2950 Water Street Decatur, IL 62526
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$1,250,000
Est. payment /mo
1.67 Acres Lot
Active
2950 Water Street Decatur, IL 62526
UPDATED:
08/13/2024 05:07 AM
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12132706
Year Built 1990
Annual Tax Amount $30,340
Tax Year 2022
Lot Size 1.670 Acres
Property Description
Central Illinois Retail Strip Investment Opportunity FOR SALE. Located in the heart of central Illinois with great street frontage and visibility. Property is on the corner of US Rt 51 North and Pershing Road seeing nearly 30,000 vehicles per day at times in traffic counts. Current tenants for this property include: Jimmy Johns, State Farm, Cross Country Health, Pooches Dog Grooming, Baby Talk, and Mark James Salon. Good in-place income - 100% Occupancy - With a value add opportunity for rents in the future. There is additional income with the LAMAR billboard that is located on the property. In close proximity you will find a variety of different business's, venues, and ammenities. This Strip is nearly 11,000 Square feet, and has a ton of surface parking.
Location
State IL
County Macon
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Water-Municipal
Waterfront false
View Y/N true
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Cole Babcock • Vieweg RE/Better Homes & Gardens Real Estate-Servi
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