Commercial Real Estate & Leasing
Office / Retail Property on Grant - $2,133,000
Gateway Commercial Brokerage is pleased to present this multi-tenant retail/flex property that is fully leased to established tenants on long-term leases to qualified investors. It’s location in the growing Downtown Decatur area adds further appeal, given the potential for increasing property value and rental income over time. It would be important for potential investors to consider the stability of the tenants, the terms of the leases, and any projected growth in the area when evaluating this opportunity.
Overview
| Price: | $2,133,000 |
| Year: | 2022 |
| Suite Sizes: | 225 contains 6,000 SF of warehouse space and 3,000 SF of office space.
229-231 contains 8,327 SF of showroom/office space and 2,404 SF of storage space. |
| Site: | 28,000 SF |
Full Specification List
| Access: | Grant Street and Alley |
| Business Type: | General Business |
| Commercial Type: | Office / Retail |
| Confidentiality Agreement: | |
| Construction Material: | EIFS (225), metal panel (225 & 229) and concrete block (229) |
| Features & Site Information: | The property consists of three buildings totaling +/- 28,000 SF located on Grant Street in Downtown Decatur. The site offers 200’ of road frontage and all utilities. Addresses included in this offer are 225, 227, 229 and 231 Grant Street.
Financials are available upon signing a Confidentiality Agreement. |
| Fencing: | None |
| Gross Building Area: | 19,731 |
| Information Package: | |
| Lease Information: | Property is at 100% Occupancy. |
| Parking Type: | Public parking lots and on-street parking |
| Sale Information: | This offering is a great opportunity for those looking for investment property. |
| Suite Sizes: | 225 contains 6,000 SF of warehouse space and 3,000 SF of office space.
229-231 contains 8,327 SF of showroom/office space and 2,404 SF of storage space. |
| Tags: | |
| Units: | 3 |
| Usage: | General Business |
| Zoning: | B5 - General Business |
For more information regarding this property, or more like it, please contact:
Michael Nance at
256-355-0721