608 W Town Center Blvd - Restaurant FOR SALE


Champaign, IL 61822
$2,500,000 USD
217-621-4965
608 W Town Center Blvd, Champaign, IL for Sale
$2,500,000 USD
Restaurant - FOR SALE
1/36
null | Request Cap Rate

608 W Town Center Blvd
Champaign, IL 61822


HIGHLIGHTS

  • Strategically located in the commercial side of town.
  • One block west of the new Costco in the Marketplace Mall.
  • The vacant acre in the front can be used to build an additional 6000 sq. ft building of your choice.

OVERVIEW

Welcome to a golden opportunity nestled in the bustling heart of commerce, where the aroma of success is as rich as the coffee brewing in the morning. This is not just a property; it's a beacon of potential, a canvas awaiting the masterstroke of your business acumen. Imagine owning a slice of prosperity on a major corridor that pulses with the lifeblood of the city, a stone's throw from the vibrant North Prospect shopping center and the bustling Marketplace Mall. Here, commerce dances to the rhythm of opportunity, and your investment grows with the ebb and flow of the city's heartbeat. Step onto this almost two-acre estate and feel the pulse of potential beneath your feet. The centerpiece is a robust 5,800 sq. ft. restaurant, a culinary haven that whispers tales of sumptuous feasts and clinking glasses, leased to a tenant whose commitment mirrors the strength of this building—five years, with the promise of renewal for another five, ensuring a steady stream of income like a bountiful harvest, $8,300 per month to be precise. As you wander through this well-crafted space, let your senses be your guide. Envision the laughter and conversation of diners, the sizzle of exquisite cuisine being prepared, and the clink of glasses in celebration—all contributing to the symphony of a successful enterprise. But the allure doesn't end there. Adjacent to this bustling eatery lies a vacant acre, a blank canvas kissed by the sun and caressed by possibilities. Here, you have the freedom to erect a 6,000 sq. ft. edifice of your own design, whether it be a retail haven, a professional hub, or an extension of the gastronomic paradise next door. And let's not forget the new Costco, just a block to the west, adding to the magnetic draw of the area, ensuring a steady flow of patrons and the promise of growth. This property, offered at $2,500,000 for the full expanse of opportunity, or $1,250,000 for the vacant acre alone, is not just an investment; it's a cornerstone for your future, a place where your entrepreneurial dreams can take root and flourish. Seize the chance to be a part of this commercial tapestry, to weave your vision into the fabric of this thriving community. This is where your foresight meets fruition, where your business can bloom amidst the thrum of a city on the rise. Welcome to your future. Welcome to success.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

608 W Town Center BLVD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Medical, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

Commercial

APN/PARCEL ID

41-14-36-350-016

ASK ABOUT THIS PROPERTY

Hazem JaberColdwell Banker Real Estate GroupMore Info
217-621-4965

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Hazem JaberColdwell Banker Real Estate GroupMore Info
217-621-4965

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