Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
11,000 sqft

$1,200,000

2950 N WATER Street, Decatur IL, 62526

Price per sqft$109.09
Built in1970
Property size11,000 sqft
Property typeCommercial
Courtesy of The Real Estate Group, Inc., Listing Contact:

Overview

Active

Listed Jul 6, 2026

Updated Jul 11

Position your brand—and your investment—on Decatur’s busiest retail artery. This well-located shopping center at 2950 N Water St offers excellent frontage, signage, and access along the US-51/N Water St corridor, surrounded by national and regional retailers. The property includes Suites 220 and 230 within a multi-suite center, providing flexible configurations for retail, service, or showroom uses. Ample surface parking, strong traffic counts, and convenient ingress/egress make this an attractive destination for customers and employees alike. Current layout features open retail floor plates with rear service areas, private restrooms, and direct storefront entries. Utilities are available and service capacity supports a variety of uses; confirm metering and any trade fixtures to be included. Ideal for an owner-user seeking visibility and control of occupancy costs, or an investor aiming to stabilize and add value through lease-up. Prominent visibility and signage on N Water St (US-51

Other Property Details

Taxes
$34,058
Tax Frequency
Annually
MLS provider logo

Listings courtesy of RMLS Alliance as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jay Kehrer shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 3:21 AM UTC on 7/11/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2026 RMLS Alliance. All rights reserved.

DMCA Notice 

Powered by Luxury Presence