3090 N Main Street Active Save Request In-Person Tour Request Virtual Tour
Decatur,IL 62526
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12120948
Year Built 1994
Annual Tax Amount $25,659
Tax Year 2022
Lot Size 0.880 Acres
Property Description
Main Place Properties proudly presents an exceptional investment opportunity in Decatur, Illinois. This well-maintained commercial property is a 10,160 square foot building on a sizable 38,333 square foot lot, offering investors a stable and lucrative asset. Property Highlights: Tenant Stability: The property hosts three established tenants, all on Triple Net (NNN) leases, ensuring minimal landlord responsibilities and a consistent revenue stream. Attractive Financials: With an 8% capitalization rate, this property offers strong returns and a reliable income for savvy investors. Quality Construction: The building is well-constructed and maintained, reducing potential maintenance costs and preserving property value.
Location
State IL
County Macon
Interior
Fireplace N
Exterior
Utilities Available Water-Municipal
Waterfront false
View Y/N true