$1,950,000

1902 N Water Street, Decatur IL, 62526

Price per sqft$57.35

Built in1913

Property size34,000 sqft

Property typeCommercial

Listed by Kimberly Romine with RE/MAX Rising 309-275-0716

Overview

Active

New

Listed Oct 7, 2026

Updated 2 days ago

Exceptional M-2 zoned industrial property situated on 3.5 acres with outstanding visibility along Business US Route 51/N. Water St. The property features three commercial buildings totaling approx. 33,455 sq ft., plus a 2400 sq.ft. residence, providing tremendous flexibility for a variety of industrial, warehouse, storage or business uses. The main warehouse contains 28,500 sq,ft. and features 4 loading docks and 5 overhead doors. A 100,000 lb truck scale adds additional functionality for trucking, distribution, and industrial operations. This property has undergone extensive improvements, including a full exterior cleanup, new concrete in select areas, rolled millings, and interior and exterior renovations The large fenced and gated lot provides substantial lay-down and outdoor space. Security features include 15 cameras, exterior lighting, and alarm systems on two buildings. The property is serviced with 3 separate single-phase electrical meters, providing flexibility for multiple operations or users. Additional buildings provide office/shop space and excellent opportunities for storage, self-storage operation, indoor or outdoor storage, contractor use, equipment storage, distribution or other M-2 permitted uses. Located on the highly visible US ROUTE 51 corridor, the property benefits from strong daily traffic exposure. IDOT traffic counts exceeding 12,000 vehicles per day.

Additional information

MLS^® ID: 12760490

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 3.52 Acres

Other Property Details

Taxes: $10,011
Tax Frequency: Annually

Listed by Kimberly Romine with RE/MAX Rising 309-275-0716

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Data is refreshed every 3 hours. Listing last updated 6:54 AM UTC on 10/8/2026.

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