The StopulosTeam
Description
Exceptional M-2 zoned industrial property situated on 3.5 acres with outstanding visibility along Business US Route 51/N. Water St. The property features three commercial buildings totaling approx. 33,455 sq ft., plus a 2400 sq.ft. residence, providing tremendous flexibility for a variety of industrial, warehouse, storage or business uses. The main warehouse contains 28,500 sq,ft. and features 4 loading docks and 5 overhead doors. A 100,000 lb truck scale adds additional functionality for trucking, distribution, and industrial operations. This property has undergone extensive improvements, including a full exterior cleanup, new concrete in select areas, rolled millings, and interior and exterior renovations The large fenced and gated lot provides substantial lay-down and outdoor space. Security features include 15 cameras, exterior lighting, and alarm systems on two buildings. The property is serviced with 3 separate single-phase electrical meters, providing flexibility for multiple operations or users. Additional buildings provide office/shop space and excellent opportunities for storage, self-storage operation, indoor or outdoor storage, contractor use, equipment storage, distribution or other M-2 permitted uses. Located on the highly visible US ROUTE 51 corridor, the property benefits from strong daily traffic exposure. IDOT traffic counts exceeding 12,000 vehicles per day.
Property Highlights
Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1913
Lot Size: 3.50 acres
General Information
County: Macon
Listed By:
RE/MAX Rising
309-340-1000
MRED MLS
MLS ID: 12760490
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1902 N Water Street, Decatur, IL 62526.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,575,000 | $1,575,000 | $1,575,000 |
| Down Payment | $55,125 | $0 | $315,000 |
| Monthly Mortgage Amount | $10,159 | $10,839 | $8,703 |
| Taxes | $2192 | $2192 | $2192 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $945 | $0 | $0 |
| Monthly Estimated Total | $13,755 | $13,490 | $11,354 |
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