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Urbana, IL Restaurants for Lease

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Champaign, IL Savoy, IL Mahomet, IL Seymour, IL Ogden, IL Homer, IL Tuscola, IL
Turnkey Restaurant with Patio Seating
Updated: Apr 21
Turnkey Restaurant with Patio Seating

201 N BROADWAY AVE, Urbana, IL 61801

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Former restaurant property (Year Built 1899) with existing restaurant layout for food and beverage concepts
Seating for approximately 55 guests plus a front patio for additional seating for 16
Art deco back bar with mahogany bartop and a restaurant space with tall ceilings
15‑space parking lot directly across the street
Numerous recent upgrades reported, helping reduce immediate capital needs for the next operator
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Urbana, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 6 Properties for Sales.

Restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Corner Restaurant/Retail Space
Corner Restaurant/Retail Space

1627 E Eldorado Street, Decatur, IL 62521

$2,000/Mo
1,000 sqft

Former restaurant/gaming cafe with existing restrooms and food-service infrastructure, ample parking, and co-tenancy with Subway.

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Bar Space with Raised Stage
Bar Space with Raised Stage

6 Taylor Street E, Champaign, IL 61820

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0.08 AC lot

Character-rich bar space with an open layout, central service bar, event platform, and direct street access.

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Retail or Restaurant Space Available
Retail or Restaurant Space Available

1627 E Eldorado St, Decatur, IL 62521

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1,000 sqft

Versatile 1,000 sq ft space suitable for various businesses.

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Downtown Champaign Retail Opportunity
Downtown Champaign Retail Opportunity

500 N Market St, Champaign, IL

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4,143 sqft 1.08 AC lot

Redeveloped retail spaces in downtown Champaign, ranging from 1,782-5,990 SF.

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Similar Spaces for Sale in Urbana, IL

Consider Similar Space for Sale. We found 6 Spaces matching your search parameters.

Freestanding Grocery and Convenience Store
Freestanding Grocery and Convenience Store

306 W Springfield Avenue W, Urbana, IL 61801

$1,300,000
0.61 AC lot

Freestanding facility with refrigeration, frozen storage, bakery, kitchen, and café areas.

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Downtown Restaurant with Patio
Downtown Restaurant with Patio

201 N Broadway Ave, Urbana, IL 61801

$550,000

Turnkey restaurant space includes built-in seating, an art deco back bar, and a front patio for additional guests.

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Remodeled Bar & Karaoke Venue
Remodeled Bar & Karaoke Venue

214 W Main St, Urbana, IL

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8,800 sqft 0.11 AC lot

Turnkey bar and karaoke venue with leaseback opportunity.

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Turn-Key Restaurant and Bar
Turn-Key Restaurant and Bar

1309 East Washington Street, Urbana, IL 61802

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4,923 sqft

Turn-key restaurant and bar available for sale in Urbana, IL.

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Freestanding Grocery and Cafe Building
Freestanding Grocery and Cafe Building

306 W Springfield Avenue W, Urbana, IL 61801

$1,300,000

Free-standing building with bakery, kitchen, refrigeration, and cafe space, currently operating as a food market.

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Two-Story Brick Restaurant Building
Two-Story Brick Restaurant Building

114 S Race, Urbana, IL 61801

$475,000
0.06 AC lot

Downtown Urbana restaurant property with an unfinished upper level and central air conditioning.

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Urbana, IL Restaurants Market Trends and Statistics

Explore Restaurants leasing options in Urbana, IL with 1 listings featured on our commercial real estate exchange.
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