2165 N Lowber St - Warehouse FOR SALE


Decatur, IL 62526
$675,000 USD
217-454-9530
2165 N Lowber St, Decatur, IL for Sale
$675,000 USD
Warehouse - FOR SALE
1/3
null | Request Cap Rate

2165 N Lowber St
Decatur, IL 62526


HIGHLIGHTS

  • New Roof 2024
  • LED Lights

OVERVIEW

New roof 2024. LED lighting. Tuck-pointing 2024 and previous years. The new roof is pictured from the rooftop (the old metal roof is shown in the aerial view). New aerial photo coming soon. Extensive renovations in 1980s and extensive repairs in 2019 and 2024 to keep this gem of a warehouse functional for many more lifetimes to come. 3-phase. 15,000 +/- exterior concrete pad inside the fenced/gated yard. 6,700 +/- concrete, partial gravel parking on Lowber St entrance. Overflow space via a lot across from the main entrance. 2 overhead doors 14’ x 12’ steel drive-in doors with electric openers. One exterior depressed/declining open loading dock. Clear ceiling height 14’ – 18’ with 33' wide bays. Fenced/gated acreage (+/- 2.52 acres) can be accessed from Woodford St. Warehouse site/parcel acreage itself is .65 acres including the side alley. Heated office/shop area and additional storage room. 2 utility sinks in shop area. Current bathroom: one toilet, one sink, water heater. Plumbing exists for 2 more toilets. Mezzanine area above shop area (3,230 sf). Warehouse has extensive gas piping to existing (but not currently used) heaters in approx. 1/2 of the open warehouse space. Security system. More information and photos arriving soon.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$31 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

25 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

30

LAND DETAILS

LAND ACRES

3.17

LAND SF

138,085

ZONING

M-2 Heavy Industrial

APN/PARCEL ID

04-12-02-427-001,04-12-02-477-001,04-12-02-478-008

ASK ABOUT THIS PROPERTY

Joel WinickHomes by Dogs, LLCMore Info
217-454-9530

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Joel WinickHomes by Dogs, LLCMore Info
217-454-9530

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.