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1490 E US Highway 36 Urbana, OH $ 1,200,000
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$ 1,200,000 Get more info
1490 E US Highway 36
$ 1,200,000
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Share Save

1490 E US Highway 36

Urbana, OH, 43078
$ 1,200,000
Bedrooms-- Baths-- Sq 15,988

Monthly Estimate*

$ 7,486

1490 E US Highway 36, Urbana, OH 43078 - Image 1
1490 E US Highway 36, Urbana, OH 43078 - Image 2
1490 E US Highway 36, Urbana, OH 43078 - Image 3
1490 E US Highway 36, Urbana, OH 43078 - Image 4

Commercial Property for sale in Urbana, OH

for $1,200,000. This 15,988 square foot building was built in 1999 on a lot size of 0.95.

Prime investment opportunity with tremendous upside! This two-story commercial building features 40 units and offers solid fundamentals along with a versatile blank canvas for cosmetic upgrades and creative rebranding. The property provides an operator with a wide range of possibilities to elevate rents, modernize interiors, and unlock additional revenue streams. Key features include an onsite laundry facility with commercial grade plumbing and venting, ample private parking, and a lobby and reception area with an entrance highlighted by a covered porte-cochere. A rare opportunity to acquire a well maintained asset with substantial potential for growth and income enhancement.

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Commercial Contingent

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 24,041

Style

Lot Size

0.95

Year Built

1999

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

225045178
Features
General
Sewer Public Sewer
Utilities Water Available Storm Sewer Sewer Available Natural Gas Available Electricity Available
Year Built 1999
Stories Count 2
Township Urbana
Property Subtype Mixed Use
Tax Year 2025
Gross Income 0.0
County Champaign
Net Operating Income 0.0
Operating Expense 0.0
Property Type Commercial Sale
Status Contingent
City Urbana
Lot Size Square Feet 41382.0
Land Lease Y/N N
Tax Annual Amount 24041.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active Under Contract
Senior Community None
New Construction None
New Financing Coventional True
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Exterior
Water Source Public
Lot Size Area 0.95
Spa N
Building Area Total 15988.0
Lot Size Acres 0.95
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 1490
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* Excluded Features
List By
V. Patrick Hamilton

Listing Agent

Remax Alliance Realty

Broker

patrickh@remax.net

Email

Affordability Calculator

$9,490
Per Month
79%
21%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$2,003
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
1421267 Elementary School
1421418 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
12/9/2025$1,200,000 Listed Price

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1490 E US Highway 36, Urbana, OH, 43078 is a Commercial Property for sale at $1,200,000 with 15,988 sqft and a lot size of 0.95. 1490 E US Highway 36 was built in 1999. The property's zip code is 43078 which is in Urbana, OH

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