Map of Property

1591 N Water Street

For Lease

1591 N Water Street, Decatur, IL 62526

1591 N Water Street currently offers 1 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include showroom - industrial. The minimum space size listed is 9,510 square feet. Lease type options include NNN. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at 1591 N Water Street.

Space Available For Lease 1

Contacts

Zane Peterson

Main Place Properties

Property Details

  • Property Type Industrial - Showroom - Industrial
  • Property Size 9,510 SF
  • Lot Size 0.49 Acre
  • Year Built 1998
  • Date Updated Jul 3, 2026
  • Dock High Doors 1
  • Grade Level Doors 1
  • Office Area 2,330 SF
  • HVAC None
Situated on N Water Street (Business US RT 51) in central Decatur, IllinoisIndustrial Flex / Office Showroom -- Available For Sale or Lease -- Versatile industrial flex property offering approximately 9,510 square feet of office and warehouse space on a 0.49-acre corner lot at the intersection of N Water Street (US Route 51) and Division Street in Decatur, Illinois. Originally constructed in 1998, the masonry and steel-frame building features approximately 2,330 square feet of finished office space with a reception area, conference room, private office, open work area, break room, and four restrooms. The warehouse provides an efficient open layout with 14'-17' clear height, a 9' x 10' dock door with leveler, 10' x 12' drive-in overhead door, mezzanine storage, warehouse heated and cooled with RTU, and 3-phase, 800-amp, electrical service, making it well suited for light manufacturing, distribution, service contractors, printing, fabrication, or other industrial users. Situated on a highly visible corner with approximately 17 on-site parking spaces, dual street access, and strong frontage along US Route 51, the property offers convenient accessibility and excellent functionality. Zoned B-2 Community Commercial, the building can accommodate a variety of commercial, office, showroom, warehouse, and light industrial uses. Well maintained and move-in ready, this property presents an excellent opportunity for an owner-user or investor seeking a flexible commercial asset in a central Decatur location. Contact commercial real estate broker for more information.Industrial Flex / Office Showroom -- Available For Sale or Lease -- Versatile industrial flex property offering approximately 9,510 square feet of office and warehouse space on a 0.49-acre corner lot at the intersection of N Water Street (US Route 51) and Division Street in Decatur, Illinois. Originally constructed in 1998, the masonry and steel-frame building features approximately 2,330 square feet of finished office space with a reception area, conference room, private office, open work area, break room, and four restrooms. The warehouse provides an efficient open layout with 14'-17' clear height, a 9' x 10' dock door with leveler, 10' x 12' drive-in overhead door, mezzanine storage, warehouse heated and cooled with RTU, and 3-phase, 800-amp, electrical service, making it well suited for light manufacturing, distribution, service contractors, printing, fabrication, or other industrial users. Situated on a highly visible corner with approximately 17 on-site parking spaces, dual street access, and strong frontage along US Route 51, the property offers convenient accessibility and excellent functionality. Zoned B-2 Community Commercial, the building can accommodate a variety of commercial, office, showroom, warehouse, and light industrial uses. Well maintained and move-in ready, this property presents an excellent opportunity for an owner-user or investor seeking a flexible commercial asset in a central Decatur location. Contact commercial real estate broker for more information.
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Location

  • City Decatur, IL
  • Neighborhood GM Square
  • Zip Code 62526

Points of Interest

  • Mobil

    1.28 miles

  • Kroger

    1.32 miles

  • Marathon;Circle K

    1.34 miles

  • County Market Express

    1.63 miles

  • Huck's Food & Fuel

    1.85 miles

  • Circle K

    2.52 miles

  • Corner Gas Station

    2.56 miles

  • Casey's General Store

    2.80 miles

  • Shell

    4.02 miles

  • J & J Auto Detailing

    1.60 miles

  • McDonald's

    1.16 miles

  • Pizza Hut

    1.19 miles

  • Subway

    1.22 miles

  • Culver's

    1.26 miles

  • Wendy's

    1.32 miles

  • Dunkin'

    1.32 miles

  • Krekel's Custard

    1.32 miles

  • Taco Bell

    1.33 miles

  • Popeyes

    1.33 miles

  • Bob Evans

    1.36 miles

1591 N Water Street Listing Brief

  • The rental rate for available space here starts at $$6.00/SF/YR. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.

  • Completed in 1998, the property at 1591 N Water Street incorporates 9,510 square feet.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

  • The property features 2 loading dock doors, ensuring that the loading and unloading of cargo in and out of the facility is both efficient and safe.

    Of these, 1 are grade level loading docks doors. These are especially useful for handling large or bulky items, as they do not require a ramp or dock leveler for loading and unloading.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

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