
Commercial Land for Sale in Decatur, Illinois
2950 N Water St, Decatur, IL 62526
Position your brand-and your investment-on Decatur's busiest retail artery. This well-located shopping center at 2950 N Water St offers excellent frontage, signage, and access along the US-51/N Water St corridor, surrounded by national and regional retailers. The property includes Suites 220 and 230 within a multi-suite center, providing flexible configurations for retail, service, or showroom uses. Ample surface parking, strong traffic counts, and convenient ingress/egress make this an attractive destination for customers and employees alike. Current layout features open retail floor plates with rear service areas, private restrooms, and direct storefront entries. Utilities are available and service capacity supports a variety of uses; confirm metering and any trade fixtures to be included. Ideal for an owner-user seeking visibility and control of occupancy costs, or an investor aiming to stabilize and add value through lease-up. Prominent visibility and signage on N Water St (US-51
Location
- Street address
- 2950 N Water St
- County
- Macon County
- Zip code
- 62526
- Elevation
- 668 feet
Directions
ON THE EAST SIDE OF N WATER ST NEAR PERSHING RD
Property details
- Acreage
- 1.67 acres72,745 sq ft
- Zoning
- B-2
- MLS #
- PAAR CA1044919
- Posted
Property taxes
- 2025
- $34,058
Parcels
- 04-12-02-101-003
Details and features
Listing
- Type
- Commercial Sale
Exterior
- Parking Spaces
- 20
Structure
- Stories
- 1
- Sewer
- Public Sewer
- Heating
- Forced Air
- Cooling
- Central Air
- Materials
- Brick, Frame
- Roof
- Flat
Interior
- Flooring
- Tile
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 6, 2026 | New listing | $1,200,000 | — | PAAR |





