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334 W Main St

14,717 SF 100% Leased Light Industrial Building Decatur, IL 62522 £650,925 (£44/SF)

Executive Summary

This prime mixed-use property on historic West Main Street, near downtown Decatur and Millikin University, is a fantastic investment opportunity or an opportunity to build out the business of your dreams on the main level! The all-brick building features over 7,800 square feet of space on the first floor, while the second floor offers eight recently renovated rental units, including studios, one-bedroom, and a two-bedroom apartments. A large basement, previously used as laboratory space, holds potential for additional offices or storage. Significant upgrades include a new dryvit façade, updated plumbing and electrical systems. On the second floor apartments ; high-end LVT flooring, porcelain-tiled bathrooms, and modern kitchens with granite countertops and stainless steel appliances. The apartments also includes new fire-rated doors, window treatments, lighting fixtures, a coin-operated laundry, and a state-of-the-art security system. An off-street parking lot with 32 spaces and newly serviced mechanicals add to the convenience and value.

Property Facts

Price £650,925
Price Per SF £44
Sale Type Investment or Owner User
Property Type
Light Industrial
  • General Retail Storefront Retail/Office
  • OfficeLoft Creative Space
  • Office Industrial Live Work Unit
Building Class B
Lot Size 0.55 AC
Rentable Building Area 14,717 SF
Number of Floors 3
Year Built 1963
Parking Ratio 2.17/1,000 SF
Opportunity Zone Yes

Amenities

  • Security System
  • Air Conditioning
  • Smoke Detector
Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-12-15-256-012
Land Assessment
£15,269
Improvements Assessment
£97,146
Total Assessment
£112,415

zoning

Zoning Code commercial
commercial
  • Listing ID: 33617325

  • Date on Market: 23/10/2024

  • Last Updated:

  • Address: 334 W Main St, Decatur, IL 62522

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