Historic Building For Sale in the Heart of Downtown Decatur

Commercial Real Estate & Leasing

Historic Building For Sale in the Heart of Downtown Decatur - $21 (Per Square Foot)

Gateway has quite the gem on their hands with this historic building in Downtown Decatur! Built in 1900, it carries a rich history and offers approximately 5,000 square feet of space. The location on Bank Street is prime, offering easy access to the heart of the city.

Overview

Lease Price:$21
Price Terms:Per Square Foot
Year:2024
Built:1900
Site:0.18 Acres
Property Size:100' x 52'

Full Specification List

Built:1900
Commercial Type:
Mixed Use
Construction Material:
Brick on masonry and a TPU flat roof
Features & Site Information:
All utilities are readily available on site, including sewer, which can be a significant advantage for potential tenants or buyers. Being outside of a flood zone adds an extra layer of security for the property. The building’s construction consists of brick on masonry and a TPU flat roof. The mixed-use zoning opens up a world of possibilities for how the space can be utilized, catering to a variety of businesses or residential purposes. It’s great to hear that there are interior stairs leading to the upper floors, providing convenient access throughout the building. And with exterior stairs at the back, there’s flexibility for different entry points, enhancing accessibility. The presence of Good Vibrations Barbershop (Decatur's only woman owned barbershop) adds to the value of the building and could potentially attract foot traffic to the area. Having a basement on-site, accessible via the rear entry, adds valuable additional space for storage or further development. Overall, this development offering is a fantastic opportunity for investors or businesses looking to establish themselves in the vibrant historic community of Downtown Decatur.
Gross Building Area:
+/- 15,600 SF
Information Package:
Lease Type:
NNN
Parking Type:
Street Parking
Tags:
Units:
1
Usage:
Mixed Use
Zoning:
B5 - General Business

For more information regarding this property, or more like it, please contact:

Jared Dison at 256-355-0721