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Downtown Urbana Retail Condominium
For Sale
$459,900

110 W Main Street, Urbana, IL 61801

Prime retail condominium in downtown Urbana with renovated space.

Property Size7,303 SF
Price / SF$62.97
Days on Market340

Property Features for 110 W Main Street

General Information

Standard status Active
Size 7,303 SF
Property subtype Commercial
Zoning RTAIL

Taxes and HOA fees

Annual Taxes $15,241

Building Details

Building Size 7,303 SF
Year Built 1870
Stories 2
Listing Agency: KELLER WILLIAMS-TREC
Listed By: Mark Panno · License #475164947
Source: Allinonerealestateco
Added: Sep 18, 2025 Changed: Aug 23 Last Checked: Aug 13 at 4:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS-TREC

Investment Insights

Based on property information with market context.

This commercial condominium is located in downtown Urbana. The property features a renovated space with potential for various business uses under the B4 zoning. The space includes a 2,280-square-foot first floor and a 4,000-square-foot basement, totaling 6,200 square feet. Renovations were completed between 2015 and 2017. The first floor features hardwood floors, high ceilings, and southern-facing storefront windows that provide natural light. The B4 zoning allows for multiple business types including retail, office, medical or dental offices, restaurants, art studios, spas, grocery stores, dry cleaning services, and fitness centers.

Key Highlights

  • Prime downtown Urbana location.
  • Versatile B4 zoning allows for a wide range of business uses.
  • Renovated between 2015‑2017.

Property Analytics

Current Use

Pixo Marketing & Advertising PixoVIN Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom Big Box & Wholesale Store Plumbing Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,208
Businesses Nearby
178k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 76% Shops & Services 21% Electronics 1% Beauty & Spa 1%
McDonald's Dining
33,155 visits/mo 0.5 miles
Culver's Dining
21,130 visits/mo 0.3 miles
Starbucks Dining
16,341 visits/mo 0.2 miles
Wendy's Dining
15,665 visits/mo 0.4 miles
Panda Express Dining
15,418 visits/mo 0.3 miles

Demographics for 61801, IL

27,658
Population
13,468
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,122
Density / Sq Mi
$37,948
Median Household Income
$26,394
Median Earnings
$950
Median Rent
$184,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime retail condominium in downtown Urbana with renovated space.
Where is this retail space located?
The property is located at 110 W Main Street Urbana, IL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Prime downtown Urbana location.; Versatile B4 zoning allows for a wide range of business uses.; Renovated between 2015‑2017.
More about this property
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