765 E. Pythian ave - Industrial FOR SALE


Decatur, IL 62526
$650,000 USD
217-403-3425
765 E. Pythian ave, Decatur, IL for Sale
$650,000 USD
Industrial - FOR SALE
1/5
null | Request Cap Rate

765 E. Pythian ave
Decatur, IL 62526


HIGHLIGHTS

  • Abundant Laydown Area
  • On premises maintenance shop
  • Fenced yard
  • Newer roof
  • Well maintained facility

OVERVIEW

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this industrial building located in Decatur, IL. Constructed in 1966, the property features three structures including a 19,000 SF primary industrial building, a 3,744 SF maintenance/shop building, and a 484 SF tool shed. The main building is comprised of: 18’ clear heights, 3 dock doors, 1 drive in door, 385 SF two story office, 600 AMP 480V 3-Phase pawer, and 1 restroom. The building was formally used for plant-based oil refining and received a new roof around 2016. The maintenance building features: 14’7” clear heights, heat, electricity, plumbing (no restroom), and 2 drive in doors (pass through). The tool shed is a small 22’ x 22’ shed on the far west of the property. The entire property is fenced with roughly 2 acres of lot/laydown yard. Area Description The property is located off Martin Luther King Jr Dr. and E. Pythian Ave, just south of Pershing Rd. in North Decatur. The area is surrounded by a mixed use of industrial users, residential properties, and retail. Decatur IL is centrally located lying 40 miles east of Springfield (IL), 45 miles south of Bloomington-Normal, 50 miles southwest of Champaign-Urbana, 135 miles northeast of St. Louis (MO), 150 miles west of Indianapolis (IN), and 180 miles southwest of Chicago.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$29 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Industrial Property For Sale

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.73

LAND SF

118,919

ZONING

M1

APN/PARCEL ID

04-12-02-178-014

ASK ABOUT THIS PROPERTY

AJ Thoma IIIColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3425

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AJ Thoma IIIColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3425

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