Campustown Retail/Bar Opportunity
51 E. Green is a 4-story mixed use building with first floor retail space and 30 student apartments on floors 2-4. The former event space on the 1st floor known as Venue 51 offers 4,225 SF of space conducive to a wide variety of users. The space features 2 large open seating/entertainment areas on the east and west side of the building, a large bar area on the north side of the building that connects the 2 open spaces, 2 restrooms, an office, utility room, and flex space. On-site parking is available for the Tenant on the south side of the building.
The subject property is ideally located in Campustown adjacent to the corner of 1st & Green, which is on the west side of the University of Illinois at Urbana-Champaign (UIUC) campus. New mixed-use developments adjacent to this property in 2019 and 2020 have driven additional traffic to this area. Additionally, the property is located in close proximity to the growing Midtown submarket and the S. Neil retail corridor, which connects the property to Downtown Champaign.