State Street Flex Space

1706 S State Street, Champaign, IL 61820

  • For Lease $14.00/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 6,584 SF
  • Additional Rent Contact for pricing
  • Year Built 1998
  • Date Updated Oct 3, 2024
One half block south of Kirby Ave between Neil Street and State Street.The leasehold improvements include a 6,584 SF building, a parking lot with 40 parking spaces, and additional land for future parking if needed. These improvements are listed at $700,000. There is a land lease also included with the purchase. The current lease amount is $2,500 per month with escalations every two years based on the CPI. The current term has a remaining 48 years with 10 year renewal options.6,584 SF stand-alone building located between State Street and Neil Street, one half block south of Kirby Avenue. 1706 State can be easily converted to Flex, Office, Storage or other Retail space needs. Has potential to add an overhead door for Flex space uses. The property includes Neil Street signage and it receives daily exposure from University of Illinois and Champaign - Savoy residential traffic. It also boasts ample parking with 40 parking spaces. Two months of free rent up front for qualified tenants!

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Attachments

Highlights

  • Great Location Between Neil Street and State Street
  • Easily Converted to Office, Storage or other Retail Space
  • Neil Street Signage
  • Ample Parking with 40 Spaces
  • Two Months Free Rent for Qualified Tenants

Spaces Available

Contacts

broker

Jordan Dunahee

Ramshaw Real Estate

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable

  • Transit Score ®

    47/100 Some Transit

  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Champaign, IL
  • Neighborhood Southgate Ayreshire
  • Zip Code 61820

Points of Interest

  • Champaign-Urbana

    1.43 miles

  • Circle K

    0.47 miles

  • Thorntons

    1.50 miles

  • ChargePoint

    1.81 miles

  • Mobil

    1.82 miles

  • Shell

    2.15 miles

  • Marathon

    2.38 miles

  • Tesla Supercharger

    3.58 miles

  • Atkins Building parking lot

    0.30 miles

  • E-14 Lot

    0.34 miles

  • SAIC Lot

    0.48 miles

  • Southwest Lot

    0.48 miles

  • Northwest Lot

    0.50 miles

  • E36

    0.53 miles

  • Southeast Lot

    0.62 miles

  • Northeast Lot

    0.62 miles

  • E35

    0.62 miles

  • E9

    0.72 miles

  • Taco Bell

    0.04 miles

  • Steak 'n Shake

    0.04 miles

  • The Ribeye

    0.07 miles

  • McDonald's

    0.15 miles

  • that burger joint

    0.17 miles

  • Niro’s Gyros

    0.20 miles

  • Aspen Tap House

    0.21 miles

  • Merry Ann's Diner

    0.23 miles

  • Dave's Hot Chicken

    0.26 miles

  • Cactus Grill

    0.30 miles

  • Harvest Market

    0.31 miles

  • AM-KO Oriental Foods and Gifts

    1.23 miles

  • Target

    1.33 miles

  • County Market

    1.39 miles

  • Far East Grocery

    1.58 miles

  • World Harvest Foods

    1.64 miles

  • Schnucks

    1.76 miles

  • World Harvest

    2.19 miles

  • Big Lots

    2.21 miles

  • Westgate Mall

    2.32 miles

Frequently Asked Questions

How much does retail space at 1706 S State Street cost?

The asking price for retail space at 1706 S State Street is $14.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 1706 S State Street?

The property has 6,584 square feet of rentable Freestanding space. Rental opportunities here are available under NNN lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 1706 S State Street?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 1706 S State Street. You can find 4 parking option(s) and 1 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 1706 S State Street.

Is 1706 S State Street located in a popular area for retail businesses?

The property is part of Southgate Ayreshire, which is home to 12 other retail listings.

Other popular areas for retail businesses in Champaign include Mattis Commercial Park, Southgate Ayreshire, Downtown Champaign.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Jordan Dunahee

Ramshaw Real Estate

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