402 N Broadway Urbana, IL 61801

Listing agency Coldwell Banker Commercial Devonshire Realty j**@cbcdr.com Show Phone

Listed by Jay Sikorski · License #475.135028

Source Crexi

Added: Apr 10 Updated: Jul 23 at 6:09AM Checked: Jul 23 at 6:09AM

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Investment Insights

Based on property information with market context.

The property is a one-story, 4,400-square-foot brick retail building currently used as a laundromat. The sale includes the real estate, equipment, and business. The building could be divided to operate two businesses at the same location, offering flexibility for an owner-operator or investor.

The site is located off the corner of University Avenue and Broadway Avenue in downtown Urbana, within blocks of Carle Foundation Hospital and Lincoln Square Mall. Nearby businesses include Walgreens, Culvers, Starbucks, Wendy’s, McDonald’s, Schnucks, and Chase Bank.

Recent exterior improvements include a new roof and gutters installed in 2020.

Key Highlights

• 4,400 SF one‑story brick building currently operating as a laundromat
• Purchase includes real estate plus equipment and business
• New roof and gutters installed in 2020

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FAQs

What type of property is this?

Retail space - Single-story brick retail building currently operating as a laundromat, with 2020 roof and gutter improvements.

Where is this retail space located?

The property is located at 402 N Broadway Urbana, IL.

What are key features of this property?

This property features: 4,400 SF one‑story brick building currently operating as a laundromat; Purchase includes real estate plus equipment and business; New roof and gutters installed in 2020