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Urbana, IL Conventional Restaurants for Lease

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Champaign, IL Savoy, IL Saint Joseph, IL Mahomet, IL Seymour, IL Homer, IL Tuscola, IL Paxton, IL
Turnkey Restaurant with Patio Seating
Updated: Apr 21
Turnkey Restaurant with Patio Seating

201 N BROADWAY AVE, Urbana, IL 61801

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Former restaurant property (Year Built 1899) with existing restaurant layout for food and beverage concepts
Seating for approximately 55 guests plus a front patio for additional seating for 16
Art deco back bar with mahogany bartop and a restaurant space with tall ceilings
15‑space parking lot directly across the street
Numerous recent upgrades reported, helping reduce immediate capital needs for the next operator
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Urbana, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 6 Properties for Sales.

Conventional restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Bar Space with Raised Stage
Bar Space with Raised Stage

6 Taylor Street E, Champaign, IL 61820

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0.08 AC lot

Character-rich main-floor space supports bar, restaurant, and entertainment uses in a walkable downtown setting.

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Storefront with Natural Light
Storefront with Natural Light

41 E University Avenue #1, Champaign, IL 61821

$17.65 SF/Yr
3,400 sqft

First-floor commercial space features a kitchen, treatment rooms, storage, and two restrooms.

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Mall Retail Storefront Opportunities
Mall Retail Storefront Opportunities

700 Broadway Ave E, Mattoon, IL 61938

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0.50 AC lot

Available storefront and restaurant spaces at Cross County Mall, including a new exterior storefront near the main entrance.

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Retail and Restaurant Mall Spaces
Retail and Restaurant Mall Spaces

700 Broadway Ave, Mattoon, IL 61938

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630 sqft

Cross County Mall offers an exterior storefront, restaurant space, and interior suites ranging from about 1,006 to 9,135 SF.

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Similar Spaces for Sale in Urbana, IL

Consider Similar Space for Sale. We found 6 Spaces matching your search parameters.

Freestanding Grocery and Convenience Store
Freestanding Grocery and Convenience Store

306 W Springfield Ave W, Urbana, IL 61801

$1,300,000
9,800 sqft 0.75 AC lot

Food retail facility with refrigeration, frozen storage, bakery, kitchen, and café areas.

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Two-Story Brick Restaurant Building
Two-Story Brick Restaurant Building

114 South Race, Urbana, IL 61801

$475,000
4,040 sqft

Brick commercial building with a first-floor restaurant and unfinished upper-level space.

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Downtown Grocery Market
Downtown Grocery Market

306 W Springfield Avenue W, Urbana, IL 61801

$1,300,000
0.61 AC lot

Freestanding commercial facility includes refrigeration, frozen storage, bakery, kitchen, and café areas.

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Downtown Restaurant with Patio
Downtown Restaurant with Patio

201 N Broadway Ave, Urbana, IL 61801

$550,000

Turnkey restaurant space includes built-in seating, an art deco back bar, and a front patio for additional guests.

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Turn-Key Restaurant and Bar
Turn-Key Restaurant and Bar

1309 East Washington Street, Urbana, IL 61802

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4,923 sqft

Turn-key restaurant and bar available for sale in Urbana, IL.

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Two-Story Brick Restaurant Property
Two-Story Brick Restaurant Property

114 S Race, Urbana, IL 61801

$475,000
0.06 AC lot

Downtown Urbana building with a restaurant on the first floor and an unfinished upper level.

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Urbana, IL Conventional restaurants Lease Rates & Market Statistics

Browse 1 Conventional restaurants listing for lease in Urbana, IL on Realmo, a commercial real estate marketplace serving the Urbana area.

Urbana accounts for 14% of the 7 conventional restaurants currently available across Champaign County, where a nearby market includes Champaign. Conventional restaurants are one of the more limited space types in Urbana, with just 1 listing currently available — a scarcity worth factoring into lease negotiations.

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