2981 N Water St

2981 N Water St, Decatur, IL 62526

  • For Lease $15.50/SF/YR
  • Property Type Retail
  • Property Size 1,630 SF
  • Year Built 1970
  • Date Updated Jul 8, 2025
Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to offer for Lease this freestanding 2-Tenant retail building located in Decatur IL. The building was originally constructed in 1970 for the Viking Lounge and has been occupied by BloNoSmoke for about the last decade. The space is currently configured as mainly open retail area with an office, restroom, and back storage/break room. There is a full basement accessible via stairs that could be used for additional inventory storage (not included in the square foot calculation). The property features B2 – Commercial zoning which allows for a wide variety of commercial businesses.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Spaces Available

Contacts

broker
AJ Thoma III

Coldwell Banker Commercial Devonshire Realty

Location

Getting Around

  • Walk Score ®

    63/100 Somewhat Walkable

  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Decatur, IL
  • Neighborhood GM Square
  • Zip Code 62526

Points of Interest

  • Kroger

    0.16 miles

  • Marathon;Circle K

    0.83 miles

  • County Market Express

    1.03 miles

  • Mobil

    2.26 miles

  • Huck's Food & Fuel

    2.78 miles

  • Shell

    2.87 miles

  • Corner Gas Station

    3.69 miles

  • Casey's General Store

    3.71 miles

  • Circle K

    3.75 miles

  • Lot M1

    2.27 miles

  • Lot M2

    2.37 miles

  • Lot M4

    2.37 miles

  • Lot M3

    2.38 miles

  • Lot M7

    2.47 miles

  • Lot M8

    2.58 miles

  • Lot M11

    2.60 miles

  • Lot M5

    2.64 miles

  • Lot M9

    2.65 miles

  • Lot M10

    2.69 miles

  • Wendy's

    0.10 miles

  • McDonald's

    0.12 miles

  • Papa John's

    0.14 miles

  • Culver's

    0.15 miles

  • Dunkin'

    0.19 miles

  • Bob Evans

    0.20 miles

  • DQ Grill & Chill

    0.42 miles

  • Taco Bell

    0.49 miles

  • Popeyes

    0.53 miles

  • IHOP

    0.93 miles

  • Kroger

    0.26 miles

  • Target

    0.99 miles

  • County Market

    1.07 miles

  • Walmart Supercenter

    1.68 miles

  • Save-A-Lot

    2.75 miles

  • Kohl's

    2.82 miles

  • Hickory Point Mall

    2.90 miles

  • Von Maur

    2.90 miles

  • ALDI

    5.83 miles

Frequently Asked Questions

How much does retail space at 2981 N Water St cost?

The asking price for retail space at 2981 N Water St is $15.50/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 2981 N Water St?

The property has 1,630 square feet of rentable Retail space. Rental opportunities here are available under Modified Gross lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 2981 N Water St?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 2981 N Water St. You can find 1 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 2981 N Water St.

Is 2981 N Water St located in a popular area for retail businesses?

The property is part of GM Square, which is home to 10 other retail listings.

Other popular areas for retail businesses in Decatur include Northland Heights, GM Square, Fairlawn.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
AJ Thoma III

Coldwell Banker Commercial Devonshire Realty

  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.