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608 Town Center Blvd Champaign, IL 61822

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For Sale
Contact for pricing

High-yield restaurant & development land

Property size:
6,000 SF

Property Features for 608 Town Center Blvd

General Information

Property type
Restaurants
Square Feet
6,000 SF
Lot Size
82,764 SF

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Listing Contact
Hazem Jaber
Hazem Jaber

Listing Agent: Hazem Jaber

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional Champaign, IL property presents a lucrative investment opportunity. Located at 608 W Town Center Blvd, this mixed-use offering combines a 6,000 square foot restaurant currently under a 5-year gross lease with a $7,500 monthly rent, renewable for an additional 10 years, and a nearly two-acre vacant lot. The existing restaurant building is well-constructed and situated on a major thoroughfare connecting prominent shopping centers, including the nearby Costco. The vacant 1.9-acre lot offers significant development potential, allowing for the construction of an additional 6,000 square foot building. The property's strategic location and strong rental income make it an ideal investment for owner-users or developers seeking a high-return asset. The asking price for the entire property is $2,150,000; the vacant land alone is priced at $1,100,000. This is a rare opportunity to acquire a substantial commercial property in a thriving Illinois market. The property is zoned for commercial and restaurant use. The address is 608 W Town Center Blvd, Champaign, IL 61822.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Las Palmas Mexican ... Restaurant

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.25202567
Latitude
40.14312883

FAQs

What type of property is this?
Restaurant - High-yield restaurant & development land
Where is this restaurant located?
The property is located at 608 Town Center Blvd Champaign, IL.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: $2,150,000 asking price for a mixed-use property.; 1.9-acre lot with a 6,000 square foot restaurant building.; Located at 608 W Town Center Blvd, Champaign, IL 61822.
(217) 621-4965 Call to check price and availability
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