214 W Main St Urbana, IL
Turnkey bar and karaoke venue with leaseback opportunity.
Type:RETAIL
Property size:
8,800 SFLot size:
0.11 Acres- Added:
- Nov 4, 2025
- Days on Market:
- 148
- Last Refresh:
- Mar 29 at 8:35 pm
Property Features for 214 W Main St
General Information
- Standard status
- Active
- Size
- 8,800 SF
- Lot size
- 0.11 Acres
- Property subtype
- RETAIL
Listing agent Zach Wetherell (217) 821-8553
Listing office Coldwell Banker Commercial Devonshire Realty (217) 821-8553
Listing date Nov 4, 2025
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
Remodeled Bar & Karaoke Venue
Originally constructed in 1903 and remodeled in 2014, this property features a bar on the main level and a karaoke business on the second level. The main level spans 4,400 square feet and includes a bar area with an open layout, five karaoke rooms, a full kitchen, and restrooms. The second level, also 4,400 square feet, has a separate entrance and comprises a bar area with private seating, restrooms, and seven private karaoke rooms. Additional storage is available on an upper level above the second floor. A back stairwell was added during the 2014 remodel. The building also has a full basement with a restroom, walk-in cooler/freezer, office space, and additional storage. The HVAC system was new in 2014, coinciding with the building's remodel. A new roof was installed in June 2025. Currently, the first floor and basement are not in use, presenting an opportunity for an owner-occupied business or lease to another business. The seller is interested in leasing back the second-floor space for their existing business.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
ATM
Atm
A Plus VIP Lounge
DJ & Entertainment
Similar Places Nearby
- Starbucks — 809 S Wright St, Champaign, IL 61820
- The Alamo — 605 s 1st st, champaign, il 61820
- Joe's Brewery — 706 S 5th St, Champaign, IL 61820
- Kam's — 102 E Green St STE 104, Champaign, IL 61820
- Illini Inn — 901 S 4th St, Champaign, IL 61820
Location Insight
- Map
- Local Demand
- City
- Urbana
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2097
- Latitude
- 40.1127
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Turnkey bar and karaoke venue with leaseback opportunity.
Where is this bar & pub located?
The property is located at 214 W Main St Urbana, IL.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: Remodeled in 2014 with updated HVAC system and a new roof installed in June 2025.; Two‑story building with **8,800 sq ft of usable space** (4,400 sq ft per floor).; Main level features a bar area, five karaoke rooms, full kitchen, and restrooms.
