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508 S Broadway Ave Urbana IL Urbana, IL 61801

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Professional office building with warehouse space in downtown Urbana.

Type:Office
Property size:
9,251 SF
Lot size:
0.63 Acres
Added:
Sep 22, 2025
Days on Market:
194
Last Refresh:
Mar 17 at 1:14 pm

Property Features for 508 S Broadway Ave Urbana IL

General Information

Standard status
Active
Size
9,251 SF
Lot size
0.63 Acres
Property subtype
Office

Building Details

Year Built
1963

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Listing Contact
AJ Thoma III, CCIM, SIOR
AJ Thoma III, CCIM, SIOR

Listing agent AJ Thoma III, CCIM, SIOR License #IL475.135026

Listing office Coldwell Banker Commercial Devonshire Realty

Listing date Sep 22, 2025

Source Crexi

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 Urbana Office/Warehouse Building

This professional office building, constructed in 1963 and fully renovated in 1992, is located at 508 S. Broadway Avenue in downtown Urbana, Illinois. The 9,251 SF building is situated on a 0.63-acre site and includes 24 striped parking spaces. The property has been well-maintained and is currently configured with 6,939 SF of professional office space and 2,312 SF of low-bay warehouse space. The office area features approximately 16 private offices, a welcoming reception area, two large conference rooms, two sets of restrooms, and a kitchenette. The warehouse portion measures roughly 34’ x 68’ and includes a 7’ x 7’ overhead garage door. The property benefits from its location in the heart of downtown Urbana, with proximity to the Federal Courthouse, County Courthouse, and Lincoln Square Mall. The surrounding area features a mix of retailers, professional offices, and government buildings. In addition to the on-site parking, there is abundant parking available in the immediate area. This property offers an excellent opportunity for professional users seeking a highly functional office building in a prime downtown Urbana location.
Location Intelligence

Current Use by Public Records

Steve Beckett Law ... Law Firm Moore Emerson L Law Firm Kearns Lindsay B Law Firm Bequette Andrew W ... Law Firm

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Urbana
County
Champaign
State
Illinois
Longitude
-88.2067399
Latitude
40.1086543

FAQs

What type of property is this?
Office building - Professional office building with warehouse space in downtown Urbana.
Where is this office building located?
The property is located at 508 S Broadway Ave Urbana IL Urbana, IL.
What is the asking price?
The asking price for this property is $1,152,375.
What are key features of this property?
This property features: Prime downtown Urbana location near the Federal and County Courthouses and Lincoln Square Mall.; 9,251 SF building with **6,939 SF of professional office space** and 2,312 SF of low‑bay warehouse space.; Well‑maintained building, fully renovated in 1992.
(217) 403-3425 Call to check price and availability
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