505 E University Ave

505 E University Ave, Champaign, IL 61820

  • For Lease $16.00/SF/YR
  • Property Type Retail
  • Additional Rent Contact for pricing
  • Year Built 1990
  • Date Updated Nov 16, 2024
This versatile multi-tenant building includes a liquor store, an international fast-food restaurant, and a therapy center, making it an attractive and diverse leasing opportunity. The space is presented in vanilla box condition, providing a blank canvas for customization. Ample parking is available on-site, enhancing accessibility and convenience. The property boasts excellent visibility from the bustling University Avenue, ensuring high foot traffic and exposure.

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Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • This prime location is within walking distance to the University of Illinois, OSF Heart of Mary Medical Center, and Carle Foundation Hospital. Situated right on University Avenue, a major thoroughfare running eastwest through Champaign and Urbana, this area offers excellent connectivity. The property is nestled in a densely populated neighborhood, surrounded by numerous businesses and shops, making it a vibrant and convenient place for both tenants and customers.

Spaces Available

Contacts

broker

Jay Sikorski

Coldwell Banker Commercial Devonshire Realty

Location

Getting Around

  • Walk Score ®

    88/100 Very Walkable
  • Transit Score ®

    60/100 Good Transit
Powered by Walk Score ®
  • City Champaign, IL
  • Neighborhood Eastside Champaign
  • Zip Code 61820

Points of Interest

  • Champaign-Urbana

    0.52 miles

  • Circle K

    0.11 miles

  • ChargePoint

    0.37 miles

  • QuikTrip

    1.29 miles

  • Marathon

    1.51 miles

  • Shell

    1.68 miles

  • Tesla Supercharger

    2.56 miles

  • Outpatient Dialysis Visitor Parking

    0.14 miles

  • A21

    0.27 miles

  • A3

    0.33 miles

  • North Campus Parking Garage

    0.35 miles

  • Campus Center

    0.36 miles

  • B2

    0.43 miles

  • North First Street Lot

    0.43 miles

  • B22

    0.44 miles

  • B1

    0.44 miles

  • B-3

    0.46 miles

  • Golden Wok

    0.08 miles

  • Lao Sze Chuan Chinese Restaurant and Bar

    0.10 miles

  • Perkins

    0.32 miles

  • Four Chicago Grill

    0.32 miles

  • Burrito King

    0.32 miles

  • Jipbap Taste of Korea

    0.35 miles

  • Oozu Ramen Bar

    0.35 miles

  • Pho Noodle Station

    0.36 miles

  • Jerusalem Restaurant

    0.36 miles

  • Cravings Restaurant

    0.37 miles

  • World Harvest Foods

    0.05 miles

  • Far East Grocery

    0.07 miles

  • County Market

    0.26 miles

  • Target

    0.43 miles

  • AM-KO Oriental Foods and Gifts

    0.47 miles

  • World Harvest

    1.09 miles

  • Lincoln Square

    1.34 miles

  • Common Ground

    1.38 miles

  • Schnucks

    1.51 miles

  • TJ Maxx

    1.57 miles

Frequently Asked Questions

How much does retail space at 505 E University Ave cost?

The asking price for retail space at 505 E University Ave is $16.00/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 505 E University Ave?

The property has 1,400 square feet of rentable Retail 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 505 E University Ave?

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 505 E University Ave. You can find 10 parking option(s) and 2 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 505 E University Ave.

Is 505 E University Ave located in a popular area for retail businesses?

The property is part of Eastside Champaign, which is home to 2 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

Jay Sikorski

Coldwell Banker Commercial Devonshire Realty

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