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2950 N Water Street

Decatur, IL 62526
  • $1,200,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: CA1044919
New On Site 6 Days Ago
UPDATED: 48 min ago
$1,200,000
  • 0
    BEDS
  • 1.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

Position your brand—and your investment—on Decatur’s busiest retail artery. This well-located shopping center at 2950 N Water St offers excellent frontage, signage, and access along the US-51/N Water St corridor, surrounded by national and regional retailers. The property includes Suites 220 and 230 within a multi-suite center, providing flexible configurations for retail, service, or showroom uses. Ample surface parking, strong traffic counts, and convenient ingress/egress make this an attractive destination for customers and employees alike. Current layout features open retail floor plates with rear service areas, private restrooms, and direct storefront entries. Utilities are available and service capacity supports a variety of uses; confirm metering and any trade fixtures to be included. Ideal for an owner-user seeking visibility and control of occupancy costs, or an investor aiming to stabilize and add value through lease-up. Prominent visibility and signage on N Water St (US-51

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-07-13T07:44:50.017.
www.loganfrazierhomes.org/homes/178485997
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2950 N Water Street Decatur, IL 62526

  • Price: $1,200,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 48 min ago
  • ID#: CA1044919
0
Beds
0
Baths
0
½ Baths
1.67
Acres
1970
Built
Neighborhood:
Decatur
County:
Macon
Area:
Decatur
Property Description
Position your brand—and your investment—on Decatur’s busiest retail artery. This well-located shopping center at 2950 N Water St offers excellent frontage, signage, and access along the US-51/N Water St corridor, surrounded by national and regional retailers. The property includes Suites 220 and 230 within a multi-suite center, providing flexible configurations for retail, service, or showroom uses. Ample surface parking, strong traffic counts, and convenient ingress/egress make this an attractive destination for customers and employees alike. Current layout features open retail floor plates with rear service areas, private restrooms, and direct storefront entries. Utilities are available and service capacity supports a variety of uses; confirm metering and any trade fixtures to be included. Ideal for an owner-user seeking visibility and control of occupancy costs, or an investor aiming to stabilize and add value through lease-up. Prominent visibility and signage on N Water St (US-51
Exterior Features

Construction Materials BrickFrame Parking Total 20 Roof Flat

Interior Features

Building Area Total 11000 Cooling Central Air Flooring OtherTile Heating Forced Air

Property Features

100 Year Flood Plain No Agent Owned No Financing Cash OnlyConventional Frontage Type Frontage Road Lease Term Other Levels OneMulti-Tenant Owner Pays Common Area MaintenanceTaxesRoof MaintenanceLawncareTrash CollectionWater Possible Use Strip CenterOther Sewer Public Sewer Tax Annual Amount 34058 Tax Incentive1 None Tax Year 2025 Tenant Pays CoolingElectricityGasHeat Type Commercial Zoning B-2

Listing provided courtesy of Jerry George of The Real Estate Group Inc.: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-07-13T07:44:50.017.
 
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