Value-Add Office Building For Sale

SaleOffice 5,720 SF
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365 -385 E Ash Ave
Decatur, IL 62526
Price: $599,000
Building Size: 5,720 SF
Available Space: 5,720 SF
Lot Size (acre): 1.18 Acres
Zoning: B2 - Commercial
Tax PIN: 07-07-26-301-026
RE: $18,305.20

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this Value-Add Office Building in Decatur. The building was constructed in 2000 and has undergone several updates in recent years. Currently Edward Jones (1,000 SF @ 385 E. Ash Ave.) is the only tenant in the building and has been in the suite since 2000. Currently there are two vacant spaces; 3,084 SF @ 365 E. Ash Ave, and 1,640 @ 375 E. Ash Ave. 365 E. Ash Ave consist of 4 large offices, 1 large conference room, kitchenette, 2 restrooms, and entrance off a vestibule. 375 E. Ash Ave consists of 2 conference rooms/offices, 1 private office, 1 restroom, and a large break/file storage area.

Area Description

Ash Ave Office Complex is off US 51 (25,100 VPD) and Ash Ave. (11,900 VPD) on the North side of Decatur IL. The property sits across the street from Decatur Crossing which is anchored by Sam’s Club and Wal-Mart Supercenter (both recently remodeled) and is the highest volume retail center in the area. Other businesses in the immediate area include: Walgreens, Slumberland Furniture, Panera, Arby’s, Burger King, Sprint Mobile, Flooring America, Joanne Fabrics, Monical’s Pizza, Fuji Japanese Steakhouse, El Rodeo Mexican Restaurant, Boost Mobile, Sally Beauty Supply, Personal Finance, Ruby’s Gaming, Mega Replay, and Mid America Credit Union. 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.

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