Redevelopment Parcel For Sale
Subject property was the long term home to the Thrifty Nickle advertisement periodical. Given the proximity to Downtown Champaign and the potential “The Yards” development which has proposed 175 room hotel, convention space for up to 1,000, 100+ apartments, and a 5,000 seat multipurpose arena that could house D1 Hockey. Currently the site is .28 acres and has a 2,450 SF leased (flexible terms) building as well as additional billboard income.
The property is located just east of downtown Champaign and is adjacent to the Illinois Terminal (multimogle transit hub) & Champaign Police Department on University Ave.