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    Class A Mixed-Use Development Title is generated by Realmo AI

    608 E University Ave, Champaign, IL 61820

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    Retail/restaurant/office space available in Champaign near University of Illinois.

    Type:Retail, Office
    Property size:
    3,370 SF
    Added:
    Aug 1, 2018
    Days on Market:
    2897
    Last Refresh:
    Jul 5 at 10:33 am

    Property Features for 608 E University Ave

    General Information

    Standard status
    Active
    Size
    3,370 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    2016

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    AJ Thoma III, CCIM, SIOR
    AJ Thoma III, CCIM, SIOR

    Listing office Coldwell Banker Commercial Devonshire Realty

    Listing date Aug 1, 2018

    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

    HighLights

    • Class A mixed‑use development with retail/restaurant/office space and luxury apartments.
    • Located on East University Ave. near the University of Illinois Engineering Campus.
    • Tenant improvement allowance of $50/USF.
    • High‑speed fiber internet.
    • Available outdoor patio area for retail/restaurant use.
    • Proximity to OSF Hospital, Carle Hospital, and Downtown Champaign.

    Overview

    This Class A, six-story mixed-use development features 21,100 square feet of first-floor retail, restaurant, and office space spanning two city blocks. The development includes two buildings, with luxury apartments on floors two through six. The west building is fully leased. The east building has available spaces ranging from 1,441 to 3,370 square feet, which can be customized to tenant needs. Tenant spaces will be delivered in 'Grey Shell' condition, with a tenant improvement allowance of $50 per square foot. Additional outdoor patio area is available for retail and restaurant use. The building offers high-speed fiber internet. Parking is located on the north side of the building, with metered street parking also available. The former Bearology space measures 772 square feet of usable space and 1,372 square feet of rentable space. This space includes an open counter with plumbing for brewing coffee and making drinks, a back room for storage, and a student lounge area. The property is situated along East University Avenue, with a traffic volume of 21,800 vehicles per day, in Champaign, between Fifth and Wright Street, just north of the University of Illinois Engineering Campus. It is also located in close proximity to OSF Hospital, Carle Hospital, and Downtown Champaign.
    Property Profile Location Intelligence

    Current Use by Public Records

    US Marine Corps ... Military Recruiting Office AILife Insurance Co.- ... Insurance Agency AILife Insurance Co. Insurance Agency AILife Insurance Agent ... Insurance Agency Jilly's Healing Studio (Bike/Boat/Book/etc) Store

    Suggested Use

    Auto Parts Store Storage Facility Big Box & Wholesale Store Accounting Firm Electrical Service Grocery & Convenience Store Shopping Center & Mall Department Store Furniture & Home Goods Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.253417
    Latitude
    40.116583

    FAQs

    What type of property is this?
    Mixed-use property - Retail/restaurant/office space available in Champaign near University of Illinois.
    Where is this mixed-use property located?
    The property is located at 608 E University Ave Champaign, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Class A mixed‑use development with retail/restaurant/office space and luxury apartments.; Located on East University Ave. near the University of Illinois Engineering Campus.; Tenant improvement allowance of $50/USF.
    (217) 403-3425 Call to check price and availability
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