1902 N Water Street
Decatur, IL, 62526
$400,000
Beds
2 Baths
0 SqFt
3.52 Acres
Add
Industrial Opportunity at 1902 N Water Street, Decatur, IL. Positioned on 3.5 acres with high visibility from US Route 51, this heavy industrial property is a rare opportunity for businesses seeking expansive warehouse space, secure lay-down areas, and excellent logistics access. Zoned M-2 for Heavy Industrial Use, the property features approximately 29,000 square feet of conjoined warehouse buildings, along with a dedicated sales office. Equipped for efficiency, the warehouse includes 3 overhead drive-in doors and 4 loading docks with levelers, ensuring smooth semi-truck access. A 75′ – 100,000 lbs functional truck scale is also included. The site abuts a rail line, providing potential for future rail access. With IDOT traffic counts exceeding 12,000 vehicles per day on northbound US Route 51, this location offers outstanding exposure and access for industrial operations. Priced well below assessed fair market value, this is an exceptional investment or owner-user opportunity.

Property Details

Price:
$400,000
MLS #:
6249533
Status:
Active
Beds:
0
Baths:
2
Address:
1902 N Water Street
Type:
Commercial
Subtype:
Industrial
Subdivision:
Travers 1st Add
City:
Decatur
Listed Date:
Feb 6, 2025
State:
IL
ZIP:
62526
Lot Size:
153,331 sqft / 3.52 acres (approx)
Year Built:
1959
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Other
Heating
Gas, Other

Exterior

Construction Materials
Brick, Cement Siding, Steel
Parking Features
On Site
Parking Spots
50
Roof
Metal, Other, Rubber

Financial

Tax Year
2023
Taxes
$16,110

Map

Community

Similar Listings Nearby

1902 N Water Street
Decatur, IL