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.
Property Details
Price:
$1,250,000
MLS #:
6245210
Status:
Active
Beds:
0
Baths:
20
Address:
2950 Water Street
Type:
Commercial
Subtype:
Retail
City:
Decatur
Listed Date:
Aug 7, 2024
State:
IL
ZIP:
62526
Lot Size:
72,745 sqft / 1.67 acres (approx)
Year Built:
1990
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Schools
Interior
Appliances
Gas Water Heater
Bathrooms
20 Full Bathrooms
Cooling
Central Air
Heating
Forced Air
Exterior
Community Features
Common Grounds Area, Street Lights, Sidewalks
Parking Features
On Site
Parking Spots
100
Roof
Rubber
Financial
Tax Year
2022
Taxes
$30,340
Map
Community
- Address2950 Water Street Decatur IL
- CityDecatur
- CountyMacon
- Zip Code62526
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