236-250 N Water St - Office/Residential FOR SALE
Decatur, IL 62523 |
236-250 N Water St
Decatur, IL 62523
HIGHLIGHTS
- 165,198 SF office asset, comprised of two (2) conjoining buildings | 1.87 acres on 5 parcels ; 3 parcels were previously a parking garage
- Art Deco architecture designed by Holabird & Root
- Downtown Decatur, IL location adjacent to Central Park
- Zoning allows for various uses, including multifamily, hotel, retail & office. Multiple incentive programs offered on national, state and local levels
- Decatur has been ranked third in the nation as an emerging logistics and distribution center and named a Top 25 Trade City
- The City is home to production facilities for Caterpillar, Archer Daniels Midland (ADM), Tate & Lyle, and more
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Opportunity Zone | Barnes-Citizens Building
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
TOTAL BUILDING SIZE
165198
STORIES
12
BUILDING CLASS
C
YEAR BUILT
1909
SPRINKLERS
-
PARKING SPACES
309
LAND DETAILS
LAND ACRES
1.87 AC AC
LAND SF
81,457 SF
ZONING
-
APN/PARCEL ID
04-12-14-151-001,04-12-14-151-002,04-12-14-151-003,04-12-14-151-005
