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401 N Broadway Avenue

Urbana, IL 61801
  • $1,600,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 12123250
UPDATED: 15 min ago
$1,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1963
County:
Area:

School Ratings & Info

Description

Exclusively offering 401 N Broadway Urbana, commonly known as the Broadway Food Hall, for sale. The 15,000 SF building located near Downtown Urbana underwent an extensive remodel in 2017 and the main building features multiple commercial kitchen spaces, a bar area and an expansive open space for events. The space was previously used as a food court with multiple restaurants and has been used as an event center for weddings and other special events and meetings. The commercial kitchens include exhaust hood systems, sinks, and there is a walk in cooler and freezer to serve the commercial kitchens. The property is located just south of University Avenue and near the downtown business district. National grocer, H-Mart, will be located directly across the street which will be in the fall, 2024. Downtown Urbana employment will be growing with the relocation of the Champaign County offices to 201 Main in the downtown area. There is ample on-street parking as well as public parking near the property and the location is walkable to the downtown area. Opportunity for outdoor seating area on the east side of the building. The property could be reactivated as a food hall/event center or reimagine as a community center, an open concept office building, art gallery, retail and much more.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-20T23:59:25.927 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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401 N Broadway Avenue Urbana, IL 61801

  • Price: $1,600,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 15 min ago
  • MLS #: 12123250
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1963
Built
Neighborhood:
Champaign
County:
Champaign
Area:
Champaign
Property Description
Exclusively offering 401 N Broadway Urbana, commonly known as the Broadway Food Hall, for sale. The 15,000 SF building located near Downtown Urbana underwent an extensive remodel in 2017 and the main building features multiple commercial kitchen spaces, a bar area and an expansive open space for events. The space was previously used as a food court with multiple restaurants and has been used as an event center for weddings and other special events and meetings. The commercial kitchens include exhaust hood systems, sinks, and there is a walk in cooler and freezer to serve the commercial kitchens. The property is located just south of University Avenue and near the downtown business district. National grocer, H-Mart, will be located directly across the street which will be in the fall, 2024. Downtown Urbana employment will be growing with the relocation of the Champaign County offices to 201 Main in the downtown area. There is ample on-street parking as well as public parking near the property and the location is walkable to the downtown area. Opportunity for outdoor seating area on the east side of the building. The property could be reactivated as a food hall/event center or reimagine as a community center, an open concept office building, art gallery, retail and much more.
Exterior Features

Exterior Building Type Block Roof Membrane Roof Structure Metal DeckingSteel Joists

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat Number Of Ranges 1

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 15021 Built Before1978 YN Yes Current Use Commercial Electric Service - 201 to 600 Amps Fire Protection Sprinklers-Wet Geographic Locale Central Illinois Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Mls Actual Status Active Net Operating Income 0 Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 19724 Tax Year 2023 Tenant Pays Other Total Monthly Income 0 Type Mixed Use Utilities Electric to SiteGas to SiteSanitary SewerWater to Site Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of GUTH & ASSOCIATES,LLC: 217-355-2545.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-20T23:59:25.927 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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