365 E Ash Ave - Office FOR SALE


Decatur, IL 62526
$840,068 USD
217-403-3425
365 E Ash Ave, Decatur, IL for Sale
$840,068 USD
Office - FOR SALE
1/4
null | 9.28% Cap Rate

365 E Ash Ave
Decatur, IL 62526


HIGHLIGHTS

  • Class A Building
  • Attractive Building
  • Flexible Layouts
  • Prominent Signage

OVERVIEW

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this 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.), All Ways Caring (1,640 SF @ 375 E. Ash Ave.), and Traditions Health (3,084 SF @ 365 E. Ash Ave.) occupy the building. Interested purchasers can also look at the adjacent property (also for sale) at 405 – 427 E. Ash: https://cbcdr.com/property/405-427-e-ash-ave/) 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.

FOR SALE DETAILS

PRICE

$840,068 USD

PRICE/SF

$147 USD /SF

CAP RATE

9.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Office Investment Property For Sale

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

B2

APN/PARCEL ID

07-07-26-301-026

ASK ABOUT THIS PROPERTY

AJ Thoma III, CCIM, SIORColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

AJ Thoma III, CCIM, SIORColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.