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$ 1,950,000
Est. payment /mo
New
1902 N Water ST Decatur, IL 62526
34,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 34,000 sqft
Price per Sqft $57
MLS Listing ID 12760490
Year Built 1913
Annual Tax Amount $10,011
Tax Year 2025
Lot Size 3.500 Acres
Lot Dimensions 300x438
Property Sub-Type Industrial
Property 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.
Location
State IL
County Macon
Area Decatur
Zoning COMMR
Interior
Cooling Central Air, Partial
Fireplace N
Building
Dwelling Type Industrial

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kimberly Romine of RE/MAX Rising
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