Broadway Food Hall Retail
For Sale
Contact for pricing
401 N Broadway Ave, Urbana, IL 61801
Remodeled food-service building with full occupancy in downtown Urbana.
Property SizeContact for details
Days on Market144
Property Features for 401 N Broadway Ave
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Built
1963
Year Renovated
2018
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 403-3424
Listed By:
Josh Markiewicz · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 1:32PM
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
Investment Insights
Based on property information with market context.
Broadway Food Hall is a retail property operating as a food hall and commissary. The building dates to 1963 and was fully remodeled into its current configuration during 2017-2018. The property is 100 percent occupied and includes an annex building along with the primary facility.
The property is at 401 N Broadway Avenue in downtown Urbana, east of the University of Illinois at Urbana-Champaign. It sits near University Avenue and Cunningham Avenue, two major thoroughfares, with access to Interstate 74. Nearby institutions and employers include Carle Foundation Hospital, OSF Heart of Mary Medical Center, the Federal and County Courthouses, the Urbana School District, and the University of Illinois at Urbana-Champaign.
The property is at 401 N Broadway Avenue in downtown Urbana, east of the University of Illinois at Urbana-Champaign. It sits near University Avenue and Cunningham Avenue, two major thoroughfares, with access to Interstate 74. Nearby institutions and employers include Carle Foundation Hospital, OSF Heart of Mary Medical Center, the Federal and County Courthouses, the Urbana School District, and the University of Illinois at Urbana-Champaign.
Key Highlights
- 100 percent occupied food hall and commissary property
- Building constructed in 1963 and fully remodeled during 2017‑2018
- Located at 401 N Broadway Avenue in downtown Urbana
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,196
Businesses Nearby
180k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 22%
Electronics 1%
Beauty & Spa 1%
McDonald's
Dining
33,155 visits/mo
0.3 miles
Culver's
Dining
21,130 visits/mo
0.1 miles
Starbucks
Dining
16,341 visits/mo
0.2 miles
Wendy's
Dining
15,665 visits/mo
0.3 miles
Panda Express
Dining
15,418 visits/mo
0.2 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
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Frequently Asked Questions
What type of property is this?
Retail space - Remodeled food-service building with full occupancy in downtown Urbana.
Where is this retail space located?
The property is located at 401 N Broadway Ave Urbana, IL.
What are key features of this property?
This property features: 100 percent occupied food hall and commissary property; Building constructed in 1963 and fully remodeled during 2017‑2018; Located at 401 N Broadway Avenue in downtown Urbana
