1203 S Mattis Ave - Bank FOR SALE


Champaign, IL 61821
$349,000 USD
217-403-3424
1203 S Mattis Ave, Champaign, IL for Sale
$349,000 USD
Bank - FOR SALE
1/2
null | Request Cap Rate

1203 S Mattis Ave
Champaign, IL 61821


HIGHLIGHTS

  • Fully remodeled freestanding building with drive-thru
  • Prime location on Mattis Avenue with 11,100 AADT
  • Flexible layout with offices, conference room, and reception
  • Pylon signage and 10 dedicated rear parking spaces
  • Surrounded by national retailers and dense residential

OVERVIEW

1203 S Mattis Avenue is a ± 1,922 SF freestanding building constructed in 1974 and fully remodeled in 2018. The interior includes three private offices, a conference room with kitchenette, a reception area with teller desk, multiple storage rooms, and two restrooms. The property also features a drive-thru lane, pylon signage along Mattis Avenue, and 10 rear parking spaces. Originally designed as a bank branch, the layout, size and location provides an adaptable footprint suitable for a wide range of uses, including office or retail. There are no deed restrictions limiting use by banks or financial institutions. Mattis Avenue is a well-travelled, easily accessible north-south corridor running through the heart of Champaign. The property benefits from a strategic location surrounded by established retail, office and residential development, providing strong daytime and neighborhood traffic. Nearby tenants include Little Caesars, Panera Bread, PNC Bank, Jimmy John's, Starbucks, and several other national and local businesses.

FOR SALE DETAILS

PRICE

$349,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,727 SF

ZONING

CN

APN/PARCEL ID

44-20-15-432-016

ASK ABOUT THIS PROPERTY

Josh Markiewicz, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3424

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Josh Markiewicz, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3424

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.