500 N Market St Champaign, IL 61820

Located in downtown Champaign, this mixed-use redevelopment features an attractive site design with a vintage, urban industrial vibe. New Market Commons is intended to become a premier social hub, suitable for destination retail, boutiques, art studios, galleries, coffee shops, breweries, and original restaurants. The adaptive re-use of the building ensures each tenant space has an atmosphere filled with character, unique architectural features, and flexible layouts, with some spaces offering outdoor seating or retail areas. The property benefits from walk-ability from a new major downtown residential development and ample on-site parking, making it accessible to both pedestrians and drivers. New Market Commons is a re-purposed building project consisting of roughly 40,000 square feet on a 1.5-acre site at the northeast edge of the revitalized Downtown Champaign. Currently, there are 6 tenant spaces available, ranging from 1,782 square feet to 5,990 square feet. Construction and renovation began in Spring 2018 and were completed in Fall 2018. Individual spaces are delivered with storefront elevations, finished demised space, electrical and lighting to code, sealed concrete floors, one ADA restroom, and separate HVAC and electrical systems. The owner is willing to consider additional build-out for qualified tenants.