401 N Broadway Avenue, Urbana, IL 61801

  • $1,600,000
  • $1,600,000
401 N Broadway Avenue, Urbana, IL 61801
For Sale
401 N Broadway Avenue, Urbana, IL 61801
  • $1,600,000
  • $1,600,000

Overview

Property ID: 25085234
  • Commercial Sale
  • Property Type
  • 1963
  • Year Built

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.

  • Address 401 N Broadway Avenue
  • City Urbana
  • State/county IL
  • Zip/Postal Code 61801
  • Country United States

Details

Updated on August 20, 2024 at 11:51 am
  • Property ID: 25085234
  • Price: $1,600,000
  • Year Built: 1963
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 15021
  • MLS#: MRD12123250
  • Office Name: GUTH & ASSOCIATES,LLC
  • Agent Name: Jacob Patterson
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD95405
  • List Agent MLSID: MRD952581
  • List Date: 2024-07-30T16:02:02.000Z
  • Roof: Membrane
  • Cooling: Central Air
  • Tax Annual: 19724
  • Tax Year: 2023
  • County: Champaign
  • Property SubType: Mixed Use

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