407 W University, Urbana, IL

Retail for Lease - 5,110 SqFt Available


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Agent Info

NameArthur Thoma
CompanyColdwell Banker Commercial Devonshire Realty

Property Info

CIMLS #448250
Location407 W University
Urbana IL 61801
Last UpdatedJanuary 8th, 2018
TypeRetail
PriceUndisclosed
Building5,110 SqFt

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Property Description

Property consists of 5,110 SF freestanding former restaurant building that was built in 1968 with an addition in 1974. The property features 196′ of frontage on University Ave, consists of 1.26 Acres with 56 parking spots, and there is room for expansion. The restaurant was recently gutted and is ready to be remodeled by the next tenant. A new roof was put on in 2016, new HVAC in 2016, new walk in cooler/freezer, new plumbing and water lines in the kitchen, and Tenant Improvement Dollars (TI) is available for well qualified tenants.


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