FANTASTIC MULTI-COMMERCIAL USE OPPORTUNITY W/PARKING IN DOWNTOWN CHAMPAIGN

LeaseOfficeRetailWarehouse/Industrial 12,900 SF
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312 N Walnut St
Champaign, IL 61820
Lease Price: $15.00 - $20.00 SF
Lease Type: NNN
Building Size: 12,900 SF
Available Space: 12,900 SF
Parking: 50+ Spaces Negotiated
Zoning: CB2
Tax PIN: 42-20-12-443-008
Year Built: 1923
RE 2021: $8,750

Property Description

Front two-level portion of 12,900 SF building has approximately 5,300 SF on Walnut Street in downtown Champaign. The other two portions of building are single level, approximately 3,800 SF each. Front portion of the building can have one or two tenants with variety of commercial uses. Single level portion of building could have one or more tenants. This portion of the building has high ceilings and open spaces which can be used for a variety of commercial uses. Adjacent large parking lot owned by landlord offers unique parking availabilities for client’s customers not available to most of the other downtown businesses.

All spaces, both first and second floor, will have a $15-$20 range, depending on the amount of fit-up costs requested by the tenant and incurred by the landlord.  All NNN responsibilities are based on current assessment values.

Building is on the National Register of Historic Places, which could give both parties access to renovation tax credits.

Area Description

Jupiter’s, Barrelhouse 34, Fire Doll, The Venue at CU, Maize, Pour Brothers, Kessler Optical, Pilates Studio, Lincoln Building, Ko Fusion. The eastern portion of downtown is the fastest growing and most exciting location for bar/restaurants and retail activities. Coming soon are two new retail/apartment construction projects on the same block.

Traffic Counts
Primary Street: Walnut Street 4,650
Secondary Street: Main Street 2,300

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