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$ 825,000
Est. payment | /mo
0.55 Acres Lot
$ 825,000
Est. payment | /mo
0.55 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12179508
Year Built 1963
Annual Tax Amount $14,180
Tax Year 2023
Lot Size 0.550 Acres
Property Description
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 facade, 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.
Location
State IL
County Macon
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Water-Municipal
Waterfront false
View Y/N true
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tony Piraino • Brinkoetter REALTORS®
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "