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1058 N Water St
Decatur, IL 62523
Retail Property For Sale
Executive Summary
Automotive garage available for sale at 1058 N. Water Street in Decatur. The property is prominently located along Business Route 51, one of Decatur’s primary north-south commercial corridors, with excellent visibility and traffic counts exceeding 11,500 vehicles per day.
The offering includes the existing service garage property and an additional adjoining lot, providing approximately 0.66 acres of total land. The site offers flexibility for continued automotive use, contractor or service-related operations, vehicle sales, retail, or future commercial redevelopment.
The offering includes the existing service garage property and an additional adjoining lot, providing approximately 0.66 acres of total land. The site offers flexibility for continued automotive use, contractor or service-related operations, vehicle sales, retail, or future commercial redevelopment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,200 SF
Building Class
C
Year Built
1968
Price
$213,736 CAD
Price Per SF
$178.11 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.54 AC
Opportunity Zone
Yes
Zoning
MUNICIPAL
Property Taxes
| Parcel Number | 04-12-11-303-001 | Improvements Assessment | $7,242 CAD |
| Land Assessment | $14,928 CAD | Total Assessment | $22,169 CAD |
Property Taxes
Parcel Number
04-12-11-303-001
Land Assessment
$14,928 CAD
Improvements Assessment
$7,242 CAD
Total Assessment
$22,169 CAD
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