1902 N Water Street, Decatur, IL
$400,000
Active
2 Baths
3.52 Acres
About 1902 N Water Street
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.
Facts & Features
MLS® # | 6249533 |
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Price | $400,000 |
Bathrooms | 2.00 |
Full Baths | 2 |
Acres | 3.52 |
Year Built | 1959 |
Type | Commercial |
Sub-Type | Industrial |
Status | Active |
Taxes | $16,110 |
Tax Year | 2023 |
Community Information
Address | 1902 N Water Street |
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Subdivision | Travers 1st Add |
City | Decatur |
County | Macon |
State | IL |
Zip Code | 62526 |
Amenities
Parking | On Site |
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Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Water Heater |
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Heating | Gas, Other |
Cooling | Other |
Fireplace | No |
# of Stories | 1 |
Stories | One |
Exterior
Roof | Metal, Other, Rubber |
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Construction | Brick, Cement Siding, Steel |
Foundation | Slab |
Additional Information
Date Listed | February 6th, 2025 |
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Days on Market | 41 |
Zoning | M-2 |
Listing Details
Agent | Cole Babcock |
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Office | Vieweg RE/Better Homes & Gardens Real Estate-Service First |