The space consists of seven offices, a large reception/lobby area, a record vault, a kitchenette, and separate men' s and women' s three-piece restrooms facilities. The space is accessed via elevator service from the main lobby and two stairwells. Multiple atriums provide natural light throughout the space. Large balcony space off of one office. Ample parking is available on site. Additional on-street parking is available. This property is eligible for TIF incentives from the City of Urbana. The space is located at 507 S. Broadway, Urbana, within easy walking distance of Lincoln Square Mall, the City of Urbana offices, the Champaign County Courthouse, the Federal Courthouse and downtown Urbana. Highway access is readily available via Vine Street/Cunningham Avenue to I-74. Aggressive zoning. Prime B-3 and B-4 zoning. Great location for future developments for a growing downtown Urbana. Owner financing is available with 25% downpayment at 6% with a 5 year Balloon.
MLS# | 11936062 |
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Listing Type | For Sale |
Style | Office Building |
Sub-Type | Resale |
Status | Active |
Year | 1972 |
Days On Site | 344 |
Listing Provided By | Weiner Co., Ltd. | Jonah Weisskopf |
SQ Feet | 5,100 |
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Story(s) | 2 |
Units | 4 |
State | IL |
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County | Champaign |
City | Urbana |
Zip Code | 61801 |
Area | Urbana |
Listing VS Median (in 61801) | |
Price: $995,000 low | high Med: $245,000 SqFt: 5,100 low | high Med: 1,868 $ / SqFt: $195 low | high Med: $131 On Site: 344 low | high Med: 42.000000 |