1591 N Water Street

1591 N Water Street, Decatur, IL 62526

Property Information

  • For Lease $6.00/SF/YR
  • Property Type Industrial - Showroom - Industrial
  • Property Size 9,510 SF
  • Lot Size 0.49 Acre
  • Year Built 1998
  • Date Updated Jul 3, 2026
  • Dock High Doors 1
  • Grade Level Doors 1
  • Office Area 2,330 SF
  • HVAC None

Description

Situated on N Water Street (Business US RT 51) in central Decatur, IllinoisIndustrial Flex / Office Showroom -- Available For Sale or Lease -- Versatile industrial flex property offering approximately 9,510 square feet of office and warehouse space on a 0.49-acre corner lot at the intersection of N Water Street (US Route 51) and Division Street in Decatur, Illinois. Originally constructed in 1998, the masonry and steel-frame building features approximately 2,330 square feet of finished office space with a reception area, conference room, private office, open work area, break room, and four restrooms. The warehouse provides an efficient open layout with 14'-17' clear height, a 9' x 10' dock door with leveler, 10' x 12' drive-in overhead door, mezzanine storage, warehouse heated and cooled with RTU, and 3-phase, 800-amp, electrical service, making it well suited for light manufacturing, distribution, service contractors, printing, fabrication, or other industrial users. Situated on a highly visible corner with approximately 17 on-site parking spaces, dual street access, and strong frontage along US Route 51, the property offers convenient accessibility and excellent functionality. Zoned B-2 Community Commercial, the building can accommodate a variety of commercial, office, showroom, warehouse, and light industrial uses. Well maintained and move-in ready, this property presents an excellent opportunity for an owner-user or investor seeking a flexible commercial asset in a central Decatur location. Contact commercial real estate broker for more information.Industrial Flex / Office Showroom -- Available For Sale or Lease -- Versatile industrial flex property offering approximately 9,510 square feet of office and warehouse space on a 0.49-acre corner lot at the intersection of N Water Street (US Route 51) and Division Street in Decatur, Illinois. Originally constructed in 1998, the masonry and steel-frame building features approximately 2,330 square feet of finished office space with a reception area, conference room, private office, open work area, break room, and four restrooms. The warehouse provides an efficient open layout with 14'-17' clear height, a 9' x 10' dock door with leveler, 10' x 12' drive-in overhead door, mezzanine storage, warehouse heated and cooled with RTU, and 3-phase, 800-amp, electrical service, making it well suited for light manufacturing, distribution, service contractors, printing, fabrication, or other industrial users. Situated on a highly visible corner with approximately 17 on-site parking spaces, dual street access, and strong frontage along US Route 51, the property offers convenient accessibility and excellent functionality. Zoned B-2 Community Commercial, the building can accommodate a variety of commercial, office, showroom, warehouse, and light industrial uses. Well maintained and move-in ready, this property presents an excellent opportunity for an owner-user or investor seeking a flexible commercial asset in a central Decatur location. Contact commercial real estate broker for more information.

1 Space Available

1591 N Water Street

Space Type

Showroom - Industrial

Lease Rate

$6.00/SF/YR

Total Space

9,510 SF

Divisible Space

9,510 - 9,510 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 1591 N Water Street, Decatur, IL 62526, this property is part of the GM Square neighborhood.

Contact Listing Broker
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