1002 W University Ave - Retail FOR SALE


Urbana, IL 61801
$500,000 USD
217-621-4965
1002 W University Ave, Urbana, IL for Sale
$500,000 USD
Retail - FOR SALE
1/24
null | Request Cap Rate

1002 W University Ave
Urbana, IL 61801


OVERVIEW

Welcome to a golden opportunity nestled at the bustling Northeast corner of the University of Illinois at Urbana-Champaign. This versatile property, brimming with potential, is an entrepreneur's dream, offering a blank canvas for a thriving retail space, a sleek modern office, or a charming restaurant that could become the new talk of the town. Imagine your business flourishing in the heart of Champaign County, where the air buzzes with the energy of academic excellence and medical innovation, thanks to the nearby prestigious University of Illinois campus and the renowned Carle Hospital. The location of this property is nothing short of strategic, placing your venture at one of the most vibrant and busiest cross sections in the area. Envision your clientele or customers being drawn in by the allure of convenience and the promise of an exceptional experience. Whether they are students seeking a cozy nook to study and sip coffee, professionals in search of a lunch spot that feels like a retreat from the office, or families looking for a delightful dining experience, this property is the perfect backdrop for your vision. The space itself is a chameleon, ready to adapt to your business's unique needs and aesthetic. With its prime location, the foot traffic alone is a valuable asset that can propel your business to new heights. The air here is thick with opportunity, the streets humming with the footsteps of potential patrons whose senses will be captivated by what you create in this space. Don't miss out on this rare chance to plant your flag at the crossroads of commerce and culture in Champaign County. Your entrepreneurial spirit, combined with this property's exceptional location, is a recipe for success that can only be described as a once-in-a-lifetime opportunity.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Building and Warehouse In Urbana

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

B-3

APN/PARCEL ID

912107431027

ASK ABOUT THIS PROPERTY

Hazem JaberColdwell Banker Real Estate GroupMore Info
217-621-4965

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Hazem JaberColdwell Banker Real Estate GroupMore Info
217-621-4965

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.