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Space Available For Lease 1
Space Available |
This mixed-use property represents a value-add investment opportunity combining stabilized residential income with significant commercial upside potential. The residential component consists of 8 fully renovated apartment units generating $8,800 in monthly rental income. These units feature modern amenities including granite countertops, luxury vinyl plank flooring, and stainless steel appliances. Roof was completely replaced 10 years ago and preventative patching within the last two years. 2 new HVAC units and all units are inspected and tested every 6 months. All electrical and plumbing on second floor has been updated. The commercial component includes 7,800 square feet of main-level retail/office space and an additional 6,000 square feet of basement area formerly configured for laboratory use. The commercial space is currently vacant and available for lease at market rates of approximately $9 per square foot, representing potential additional monthly income of $5,850. Property infrastructure includes 32 parking spaces on a 0.55-acre lot, handicap accessibility, security systems, and utility capacity suitable for various commercial applications. Current monthly operating expenses total $3,491, including taxes ($1,192), insurance ($500), utilities ($1,500), and maintenance ($300).
Katie Bush
Barber Murphy
Carter Marteeny
Barber Murphy |
Contacts
Barber Murphy
Barber Murphy
Property Details
- Property Type Office
- Property Size 14,500 SF
- Lot Size 0.55 Acre
- Parking Spaces Avail. 32
- Parking Ratio 2.21 / 1,000 SF
- Building Class B
- Date Updated Mar 3, 2026
Reach out to the broker for more info on lease terms and amenities
Getting around
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84/100
Walk Score ®
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67/100
Bike Score ®
Location
- City Decatur, IL
- Neighborhood Near West Decatur
- Zip Code 62522
Points of Interest
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Mobil
0.72 miles
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Circle K
1.39 miles
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Corner Gas Station
1.44 miles
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Casey's General Store
1.71 miles
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Huck's Food & Fuel
1.81 miles
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Marathon;Circle K
2.22 miles
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Kroger
2.47 miles
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County Market Express
2.75 miles
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Shell
3.71 miles
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Lot M1
0.60 miles
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Lot M2
0.62 miles
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Lot M3
0.62 miles
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Lot M4
0.65 miles
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Lot M5
0.66 miles
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Lot M10
0.83 miles
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Lot M8
0.86 miles
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Lot M9
0.89 miles
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Lot M7
0.90 miles
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Lot M11
0.96 miles
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INTOWN MOTEL
0.93 miles
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Soy City Motel
1.49 miles
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Decatur Inn
2.52 miles
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Sandy's Motel
2.80 miles
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Lakeview Motel
2.93 miles
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Americas Best Value Inn
3.72 miles
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Hampton Inn Decatur Mt. Zion
4.64 miles
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Baymont Decatur
4.75 miles
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Hawthorn Suites
4.80 miles
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Country Inn & Suites
4.85 miles
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Kroger
1.40 miles
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Save-A-Lot
1.90 miles
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County Market
2.81 miles
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Target
3.35 miles
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Walmart Supercenter
4.04 miles
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ALDI
4.61 miles
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Kohl's
5.18 miles
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Hickory Point Mall
5.26 miles
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Von Maur
5.27 miles
334 W Main St Listing Brief
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Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 334 W Main St has to offer.
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The property offers a parking ratio of 2.21 / 1,000 SF, which translates to a total of 32 parking spaces. See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.
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This property is in the Near West Decatur neighborhood of Decatur and located within zip code 62522.
334 W Main St is rated class B. The building includes 14,500 square feet, of which 7,800 square feet is rentable office space.