2950 Water Street Active

Decatur,IL 62526

$ 1250000

- Bed

- Bath

0 SqFt


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

View Y/N true

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