2303 Federal Drive, Decatur, IL

$6,500,000

Active

4 Baths

7.00 Acres

About 2303 Federal Drive

2303 E Federal Drive, Decatur, IL, a 76,800 square foot building conveniently situated in Park 101 Industrial Park. This facility was previously a multi-tenant flex facility that has been converted into a single tenant clear-span warehousing facility. The facility is known as building three in Park 101 Industrial Park and is situated on seven acres of land with parking and lay-down space in the front of the building as well as the rear of the building. There has been tons of improvements that have been made in the past year including: taking the building to clear span, new lighting throughout the facility, and a brand new roof that is scheduled to be put on in the very near future. In this facility you will find that there are 8 drive in doors ranging in sizes (12x10, 12x16, 10x8, & 8x8), as well as 11 loading docks. There is a long term tenant already in place occupying 100% of the property at $6.75 per square foot with a seven year lease and two extension options.

Facts & Features

MLS® # 6243701
Price $6,500,000
Bathrooms 4.00
Full Baths 4
Acres 7.00
Year Built 1989
Type Commercial
Sub-Type Industrial
Status Active
Taxes $77,165
Tax Year 2022

Community Information

Address 2303 Federal Drive
Subdivision Industrial Park 12th Add
City Decatur
County Macon
State IL
Zip Code 62526

Amenities

Features Sidewalks
Is Waterfront No
Has Pool No

Interior

Appliances Gas Water Heater
Heating Gas
Cooling Central Air
Fireplace No
# of Stories 1
Stories One

Exterior

Roof Rubber
Construction Other
Foundation Slab

Additional Information

Date Listed July 8th, 2024
Days on Market 7
Zoning IND

Listing Details

AgentCole Babcock
OfficeVieweg RE/Better Homes & Gardens Real Estate-Service First

Listing Map

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