1501 N Water St, Decatur, IL 62526 For Sale

For registration requirements and regulations, please review here or contact Hannah Ladenheim | 936-274-1332 | hladenheim@crexi.com.

Introducing an exceptional opportunity at Water Street Office, located at 1501 N Water Street, Decatur, IL 62526. This all-brick 6,140 SF single-story office building, conveniently situated on high-traffic Route 51 with over 10,000 vehicles passing daily, offers a versatile interior layout. The building could remain single tenant or could be divided into a three tenant building. Previously a medical clinic, the property features a partial basement with a full bathroom for storage, a concrete parking lot, and a professional curb appeal. Benefit from recent capital improvements including a new roof, gutters, four new AC units with security cages, new LED lighting throughout, furnaces, and more. The property complies with Decatur's updated fire code. Positioned just one mile north of downtown Decatur, the Water Street Office presents a prime opportunity for both owner-users and investors seeking visibility, functionality, and a strategic location. Contact us today for more information and to explore this appealing investment opportunity!

· Non-Contingent

· Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price

· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum

· $10,000 Participation Deposit

1501 N Water St, Decatur, IL 62526