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For Lease

334 W Main St

334 W Main St, Decatur, IL 62522

7,800

SF Available

Rental Details

  • Number of spaces 1
  • Total square feet available 7,800 SF
  • For Lease $9.00/SF/YR
  • Space Types Retail
  • Lease Type Modified Gross
  • Date Updated Mar 3, 2026
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For Lease 1 Space Available

Space Available

  • Space Type Retail
  • Lease Rate $9.00/SF/YR
  • Total Space Available 7,800 SF
  • Divisible Space 7,800 - 7,800 SF
  • Available Date Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sublease No

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).     

broker
Katie Bush

Barber Murphy

broker
Carter Marteeny

Barber Murphy

Contacts

broker
Katie Bush

Barber Murphy

broker
Carter Marteeny

Barber Murphy

Building Details

  • For Lease $9.00/SF/YR
  • 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

Getting Around

  • Walk Score ®

    Very Walkable (84)
  • Bike Score ®

    Bikeable (67)
Powered by Walk Score ®

Location

  • City Decatur, IL
  • Neighborhood Near West Decatur
  • Zip Code 62522

Points of Interest

Circle K

1.39 miles

Corner Gas Station

1.44 miles

Casey's General Store

1.71 miles

Huck's Food & Fuel

1.81 miles

Marathon;Circle K

2.22 miles

Kroger

2.47 miles

County Market Express

2.75 miles

Shell

3.71 miles

Lot M2

0.62 miles

Lot M3

0.62 miles

Lot M4

0.65 miles

Lot M5

0.66 miles

Lot M10

0.83 miles

Lot M8

0.86 miles

Lot M9

0.89 miles

Lot M7

0.90 miles

Lot M11

0.96 miles

Pizza Hut

0.61 miles

McDonald's

0.61 miles

Subway

0.64 miles

Head West

0.69 miles

University Dogs

0.71 miles

Domino's

0.72 miles

Jimmy John's

0.73 miles

Krekel's Custard

0.73 miles

Einstein Bros. Bagels

0.80 miles

Save-A-Lot

1.90 miles

County Market

2.81 miles

Target

3.35 miles

Walmart Supercenter

4.04 miles

ALDI

4.61 miles

Kohl's

5.18 miles

Hickory Point Mall

5.26 miles

Von Maur

5.27 miles

Decatur Fire Department Station 3

1.00 miles

Decatur Fire Department Station 1

1.02 miles

South Shores Medical Center

1.32 miles

Walgreens

1.35 miles

Decatur Police Department

1.39 miles

Decatur Fire Department Station 6

1.47 miles

Decatur Memorial Hospital

1.80 miles

Saint Mary's Hospital

1.81 miles

Illini Pharmacy Services

1.82 miles

334 W Main St Listing Summary

  • Office Space Available at 334 W Main St

    Office space currently available at 334 W Main St adds up to a total of 7,800 square feet across 1 listing(s). The largest individual space listed offers 7,800 square feet. Property use types available for lease at this property include: retail.

  • Learn More about 334 W Main St

    The property incorporates a total of 7,800 square feet of space. Within the same building, there are 7,800 square feet of Retail space. 334 W Main St features a parking ratio of 2.21 / 1,000 SF, offering a total of 32 parking spaces.

    Interested in researching more about this property? Access in-depth research on 334 W Main St, including ownership details, transaction history, property characteristics, taxes, mortgage data, violations and more by creating a free account and viewing the full property report.

  • Get to Know the Neighborhood

    In the Near West Decatur neighborhood, where 334 W Main St is located, you can currently find 5 office space(s) for rent. In total, this amounts to 16,238 square feet of available office space for lease opportunities.

Contact 334 W Main St
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