Property Listing No Longer Available for Lease

407 W University, Urbana, IL

Retail for Lease - 5,110 SqFt Available


Property Info

CIMLS#448250
Location
  407 W University
  Urbana IL 61801
UpdatedSeptember 17th, 2019
TypeRetail
PriceUpon Request
Building5,110 SqFt

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.