500 N Market St Champaign, IL
Call to check price and availability
Redeveloped retail spaces in downtown Champaign, ranging from 1,782-5,990 SF.
Type:RETAIL
Property size:
4,143 SFLot size:
1.08 Acres- Added:
- May 10, 2024
- Days on Market:
- 722
- Last Refresh:
- Apr 5 at 10:09 pm
Property Features for 500 N Market St
General Information
- Standard status
- Active
- Size
- 4,143 SF
- Lot size
- 1.08 Acres
- Property subtype
- RETAIL
Spaces For Lease
at 500 N Market St Contact us
Listing agent AJ Thoma III (217) 520-3299
Listing office Coldwell Banker Commercial Devonshire Realty (217) 520-3299
Listing date May 10, 2024
Source Moodyscre
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 Coldwell Banker Commercial Devonshire Realty
Overview
Downtown Champaign Retail Opportunity
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.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2396
- Latitude
- 40.1207
Nearby Similar for Lease
FAQs
What type of property is this?
Retail space - Redeveloped retail spaces in downtown Champaign, ranging from 1,782-5,990 SF.
Where is this retail space located?
The property is located at 500 N Market St Champaign, IL.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Located in downtown Champaign, poised to become the premier social hub.; Mixed‑use redevelopment suitable for retail, boutiques, art studios, galleries, coffee shops, breweries, and restaurants.; Vintage, urban industrial design with unique architectural features and flexible layouts.
