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248-252 N Park St
Decatur, IL 62523

$695,000 USD

Storefront Retail Office For Sale • 11,884 SF

Property Details

Property Type Storefront Retail Office
Total Building Size 11,884 SF
Lot Size 0.12 AC
Building Class C
Year Built 1890
Tenancy Single
Zoning B4

0 Transit Score

80 Walk Score

                
                    Highlights
                
                                Three continuous buildings overlooking the beautiful Central Park
                            
                                Features three street-level commercial spaces, two spacious apartments, and an additional two floors of untapped, multifamily development potential
                            
                                Two of the three commercial spaces are occupied, with lease renewal terms commencing January 2025
                            
                                Incentives available - property is situated in the the newly adopted Downtown TIF District
                            
                                The residential portion includes two 2-bedroom, 1-bathroom apartments
                            
                                Value-add upside, with current stabilized cash-flow

Amenities

24 Hour Access

Zane Peterson 217-422-3335 Main Place Real Estate

248-252 N Park St Decatur, IL 62523

$695,000 USD

Property Details

Highlights

Amenities

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248-252 N Park St
Decatur, IL 62523