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    Urbana Industrial Property with Rail Access Title is generated by Realmo AI

    1505 E Main St, Urbana, IL 61802

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    For Sale
    $6,500,000

    Industrial property with rail access and expansion potential in Urbana.

    Type:Industrial
    Property size:
    10,000 SF
    Price / SF:
    $650/SF
    Added:
    Sep 10, 2025
    Days on Market:
    254
    Last Refresh:
    Apr 5 at 8:25 pm

    Property Features for 1505 E Main St

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1957

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    Listing Contact
    Aj Thoma III, CCIM, SIOR
    Aj Thoma III, CCIM, SIOR

    Listing agent Aj Thoma III, CCIM, SIOR License #476

    Listing office Coldwell Banker Commercial Devonshire Realty

    Listing date Sep 10, 2025

    Source Cbcworldwide

    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

    HighLights

    • Direct rail access to Norfolk Southern Rail Network (Mansfield Branch).
    • Heavy and light industrial zoning with excess land for expansion/redevelopment.
    • Located in an Enterprise Zone with potential incentives.
    • Proximity to the University of Illinois and its growing technology/FoodTech/AI research hub.
    • Equipped with heavy power and manufacturing infrastructure.
    • Adjacent ±10,000 SF standalone Butler building for storage or operations.

    Overview

    This industrial property features a combination of heavy and light industrial zoning and direct rail access to the Norfolk Southern Rail Network via the Mansfield Branch. Excess land is available for expansion, redevelopment, or new development. The property is equipped with heavy power and manufacturing infrastructure, making it suitable for various industrial operations. Located in an Enterprise Zone, the property may benefit from potential incentives. It is situated near the University of Illinois, close to technology, FoodTech, and AI-focused research. An adjacent approximately 10,000 square foot standalone Butler building offers additional flexibility for storage or operations. The property is located in Urbana, roughly 10 blocks east of downtown and adjacent to Brookens Adim Building, 2 miles from I-74, 6 miles from I-72, and 7 miles from I-57. A short-term sale/leaseback is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Urbana
    County
    Champaign
    State
    Illinois
    Longitude
    -88.1901
    Latitude
    40.1109

    FAQs

    What type of property is this?
    Manufacturing property - Industrial property with rail access and expansion potential in Urbana.
    Where is this manufacturing property located?
    The property is located at 1505 E Main St Urbana, IL.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: Direct rail access to Norfolk Southern Rail Network (Mansfield Branch).; Heavy and light industrial zoning with excess land for expansion/redevelopment.; Located in an Enterprise Zone with potential incentives.
    More about this property
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