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$1,600,000
21 Days Online

401 N Broadway Avenue
Urbana, IL 61801

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
15,021
SqFt
$107
/SqFt
1963
Built
County:
Champaign
Listing Courtesy of MRED as distributed by MLS Grid of GUTH & ASSOCIATES,LLC jake@guthandassociates.com

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401 N Broadway Avenue401 N Broadway Avenue401 N Broadway Avenue401 N Broadway Avenue
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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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Listing Snapshot
Price 
$1,600,000
Days Online 
21 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,021 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1963
MLS® Number 
12123250
Status 
Active
Property Tax 
$19,724
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen online
2 months agoListing updated with changes from the MLS®
General Features
Additional Property Use 
Commercial
Number Of Stories 
1
Property Sub Type 
Mixed Use
SqFt Total 
15021
Zoning 
COMMR
Interior Features
Cooling 
Central Air
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Exterior Features
Construction Details 
BlockConcrete
Roof 
Membrane
Community Features
MLS Area 
Urbana
Listing Courtesy of MRED as distributed by MLS Grid of GUTH & ASSOCIATES,LLC jake@guthandassociates.com



Based on information submitted to the MLS GRID as of 2024-09-30 11:30 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Data last updated: 2024-09-30 11:30 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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