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Executive Summary

400-426 N Martin Luther King being offered for SALE and LEASE. Located near the heart of Decatur, IL this over 20,000 SF Retail/Industrial property offers extreme flexibility. The two buildings are currently combined, but easily divisible to make a multi tenant property. The north building is a single story 7,400 SF building with an overhead door in the back. The south building is also 7,400 SF on the main floor with a 6,000 SF finished upstairs. Both units host there own bathrooms and entrances.. Great opportunity for an investor or owner user. *Agent Owned*

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
20,800 SF
Year Built
1959
Price
$580,405 CAD
Price Per SF
$27.90 CAD
Percent Leased
100%
Building Height
2 Stories
Opportunity Zone
Yes
Zoning
Commercial
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Nearby Major Retailers

Wells Fargo Advisors
Busey Bank
Regions Bank
First Mid Bank
Heartland Bank & Trust Company

Property Taxes

Property Taxes

Parcel Number
04-12-14-134-004
Land Assessment
$17,241 CAD
Improvements Assessment
$148,706 CAD
Total Assessment
$165,947 CAD
  • Listing ID: 39378269

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 400 N Martin Luther King Jr Dr, Decatur, IL 62523

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