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236-250 N Water St
Decatur, IL 62523

Auction - CBD Office | Below $5/SF · Office Property For Sale

Investment Highlights

  • STARTING BID $250,000 | BELOW $5/SF | OPPORTUNITY ZONE | AUCTION SEPTEMBER 27-29, 2022
  • Zoned B-4, Central Business with Flexible Uses Permitted including Office, Multifamily, Hotel, and Retail
  • Positioned in Dense Downtown Area with 2022 Population of ±76,778 and Average Household Income of ±$61,384 (5-Mile Radius)
  • 165,198 SF CBD Office in Opportunity Zone
  • Dynamic Business Community consisting of North American HQ of Archer Daniels Midland, Tate & Lyle’s largest corn-processing plant, and design

PROPERTY FACTS

Property Type
Office
Property Subtype
Office/Residential
Building Size
165,198 SF
Building Class
C
Year Built
1909
Tenancy
Multiple
Building Height
12 Stories
Typical Floor Size
13,766 SF
Building FAR
2.03
Lot Size
1.87 AC
Zoning
B-4 - General Business
Parking
309 Spaces (1.87 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04-12-14-151-002
  • 04-12-14-151-003
  • 04-12-14-151-001
  • 04-12-14-151-005
Land Assessment
$50,328
Improvements Assessment
$227,190
Total Assessment
$277,518
  • Listing ID: 26409014

  • Date on Market: 8/15/2022

  • Last Updated:

  • Address: 236-250 N Water St, Decatur, IL 62523

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