2800 N Water St - Retail FOR SALE


Decatur, IL 62526
$5,200,000 USD
217-791-0160
2800 N Water St, Decatur, IL for Sale
$5,200,000 USD
Retail - FOR SALE
1/48
null | Request Cap Rate

Mar '28


2800 N Water St
Decatur, IL 62526


HIGHLIGHTS

  • Large open floor plan spaces
  • Public Visibility & Centrality To City
  • Large Parking Facilities

OVERVIEW

Discover Church presents an incredible property offering 3.3 acres with abundant parking and over 40,000 sq. ft. of flexible building space designed for gatherings, production, and expansion. The building is primed for any necessary renovations you would like to apply, however here are the current key features: - Spacious Atrium & Coffee Shop: A welcoming hub ideal for community engagement, events, or hospitality. - Main Auditorium: Equipped with a 60' x 18' platform (30” height), perfect for performances, conferences, worship, or large-scale presentations. - Children’s Wing: Includes three large classrooms plus a dedicated smaller auditorium, creating an excellent space for education or youth programming. - Broadcast Room: Built for live production and streaming - Unfinished Spaces for Custom builds Logistics Ready: Features both a semi-truck dock/bay with electric connections and a floor-level garage bay door for easy deliveries and access. 15,000 sq. ft. of unfinished space: Ready for build-to-suit opportunities, with a large storage area included. Ample Storage: Throughout the property, providing efficiency for any large-scale operation. Several Hundred Parking Spaces: Accommodating large gatherings with ease. This property is uniquely but not exclusively suited for religious organizations, educational institutions, event centers, or media/broadcast hubs, with abundant room for customization and growth. Location: 2800 N. Water Street Lot Size: 3.3 Acres Building Size: ~40,000 sq. ft.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Discover Church

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

3.3 AC

LAND SF

143,748 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Noah UptonDiscover ChurchMore Info
217-791-0160

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

Noah UptonDiscover ChurchMore Info
217-791-0160

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