$500,000
( $178.57Per Sq Foot )
 $2,684 est/mo Sourced by Back At You

1002 W University Avenue , Urbana, IL 61801

Urbana, IL 61801

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Description

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.

Details

MLS#12261320
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1960
Days On Site59
Listing Provided ByColdwell Banker R.E. Group | Hazem Jaber

Features

SQ Feet2,800
Story(s)1
Units1
ZoningCOMMR

Market Activity 61801

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Listings Checked: 5 minutes ago
StateIL
CountyChampaign
CityUrbana
Zip Code61801
AreaUrbana
Listing VS Median (In 61801)
Price:
$500,000
low | high
Med:
$269,950
96.01% of Average
SqFt:
2,800
low | high
Med:
1,951
80.321428571429% of Average
$ / SqFt:
$179
low | high
Med:
$139
72.138289107039% of Average
On site:
59
low | high
Med:
8.000000
100% of Average
Sourced by Back At You
Listing Updated: April 3, 2025 at 8:41:16 PM PDT