2033 Prospect Ave, Champaign, IL 61822-1235
This exceptional Champaign, IL retail opportunity encompasses two distinct properties: Baytowne Square, a 94,585 square foot inline multi-tenant building, and Baytowne Shoppes, a 23,720 square foot "L"-shaped multi-tenant shopping center. The combined property totals 118,305 square feet, offering a diverse range of spaces ideal for various retail businesses. Currently, there are 5,430 square feet of vacant space available, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 2,430 square feet. The property is zoned C, and enjoys a high-traffic location at 2033 N Prospect Ave, Champaign, IL 61822. The established tenant mix includes recognizable brands such as Staples, Red Wing Shoes, and Buffalo Wild Wings, ensuring a strong and vibrant commercial environment. This presents a unique chance to establish or expand your business within a thriving retail hub, benefiting from the existing synergy and high visibility of this well-positioned property. The property's strategic location and established tenant base make it an attractive investment for businesses seeking a strong foothold in the Champaign market. Serious inquiries are encouraged to explore this exceptional opportunity.
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Wendy's Restaurant Take-out & Catering
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Baytowne square Shopping Center & Mall
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.