For Lease
$15/SF/YR

48 Main St Champaign, IL 61820

16,000 SF Mixed-Use Building, Fully Vacant

Overview

Added:
Dec 11, 2024
Days on market:
132
This 16,000-square-foot mixed-use building in downtown Champaign, Illinois, offers a unique opportunity. Originally constructed in 1915 and renovated in 2018, the property boasts 8,000 square feet per floor, including an 8,000-square-foot basement suitable as an accessory to the first-floor retail space. The second floor features expansive windows on three sides and 20-foot clear open ceilings, adaptable to various tenant needs. Currently undergoing renovations, the building will be delivered as a "vanilla box," ready for tenant build-out. Located in the heart of downtown Champaign, this property benefits from its prime location amidst numerous restaurants, bars, shops, and vibrant cultural attractions. The building's CB2 zoning allows for a variety of uses. The property's APN is 42-20-12-437-001. The minimum divisible space is 8,000 square feet, with a maximum contiguous space of 16,000 square feet. The building consists of a single suite, currently entirely vacant. Its vintage, urban industrial design blends seamlessly with the surrounding area's character, making it an attractive option for businesses seeking a high-visibility location in a thriving downtown environment. The walkability of the area and the abundance of nearby amenities contribute to its sustainability and appeal.

Highlights

  • Redevelopment Opportunity
  • High Ceilings
  • Abundant Natural Light
  • Flexible Floorplan

Property Details for 48 Main St

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
16,000 SF
Year Built/Renovated
1915/2018

Unit(s) available at that property

Space
1st Floor
Size
16,000 SF
Rate per SF
$15

Location Insight

City
Champaign
County
Champaign
State
Illinois
Latitude
40.1173385
Longitude
-88.2412445

FAQs

What type of property is this?
Retail property - 16,000 SF Mixed-Use Building, Fully Vacant
Where is the retail property located?
The property is located at 48 Main St Champaign, IL.
What is the lease rate?
The lease rate is $15/SF/YR.
What are key features of this property?
This property features: Redevelopment Opportunity; High Ceilings; Abundant Natural Light
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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48 Main St
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