306 W Springfield Avenue W Urbana, IL $ 1,395,000
306 W Springfield Avenue W
$ 1,395,000
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306 W Springfield Avenue W

Urbana, IL, 61801
$ 1,395,000
Baths0.0 Sq 9,800

Monthly Estimate*

$ 9,744

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View a Virtual Tour
Studio

Commercial Property for sale in Urbana, IL

for $1,395,000. This 9,800 square foot building was built in 1980 on a lot size of 0.607208.

Strawberry Fields/World Harvest Foods is an Urbana landmark that has served Central Illinois for more than 30 years. Located in the heart of Downtown and a few blocks from the University of Illinois campus, this free-standing building sits on more than 3/4 of an acre of prime General Commercial land. This is a key-in ready opportunity to move into a modern and updated facility with a built area close to 10,000 square feet, which sells organic, natural, national and international foods from all over the world. There is plenty of refrigeration space for an expansive selection of fresh products like cheeses and olives, as well as an assortment of frozen goods. There's also a full bakery and kitchen, an expansive line of vitamins and natural supplements, a specialty beauty line and aisles of specialty bulk and packaged foods from around the world. The spacious cafe offers a range of natural, organic, vegan and Middle Eastern foods, as well as signature baked goods and desserts. The listed price is for the sale of the building only. The business name, fixtures and inventory, if purchased, will be negotiated at a fair price. This building can be used for one business or it can be used as a strip mall with multiple tenants. Call to book your private showing appointment today!

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Commercial Active

Price

$ 1,395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 25,454

Style

Lot Size

0.607208

Year Built

1980

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

11195323

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1980
Electric Circuit Breakers
Tenant Pays Other
Stories 1
Township Cunningham
Property SubType Free Standing Store
Tax Year 2020
County Champaign
Net Operating Income 120000
Property Type Commercial Sale Retail/Stores
Status Active
Directions West of Race St on Springfield Ave
City Urbana
Total Units 1
MLS Area Urbana
Lot Size Square Feet 26450
Street Name Springfield
Tax Annual Amount 25454
Additional Parcels Y/N N
Leasable Area 0
Virtual Tour https://tours.databasedads.com/4103535/306-W-Springfield-Ave-Urbana-IL?u=1
Days on Market 738
Standard Status Active
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Exterior
Building Area Total 9800
Lot Dimensions 180X160
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Coldwell Banker R.E. Group

Broker

hazem.jaber@coldwellbanker.com

Email

Affordability Calculator

$11,866
Per Month
82%
18%
0%
Monthly Principal & Interest
$9,744
Monthly Property Taxes
$2,121
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/20/2023$1,395,000 -7.00% Price Down
8/26/2022$1,500,000 -25.00% Price Down
11/11/2021$2,000,000 -20.00% Price Down
8/20/2021$2,500,000 Listed Price

Map


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306 W Springfield Avenue W, Urbana, IL, 61801 is a Commercial Property for sale at $1,395,000 with 9,800 sqft and a lot size of 0.607208. 306 W Springfield Avenue W is a studio with 0.0 baths and was built in 1980. The property's zip code is 61801 which is in Urbana, IL