• 1508 E Colorado Ave, Urbana, IL 61802

For Sale

Industrial

For Sale

This property is available for sale
0.47
Acres
$450,000
Sale Price
  • Year Built
    2000
  • Total Building Size
    9,200 RSF
  • Overview

    Area Description
    The property is located on Colorado Ave. just east of Philo Rd. Business District. Property is surrounded by businesses, high density multi-family and single family residences. The Philo Rd. business district is southeast Urbana and is comprised of businesses such as: Walgreens, CVS, Planet Fitness, U-Haul, McDonalds, Burger King, Meijer, Sprint, and many more.
    Property Description Subject property is a steel free clear industrial/flex building constructed in 2000 and extensively renovated in 2020 and sits on .4477 Acres. The building consist of 9,200 SF with approx. 500 SF of office/reception space, 12’ clear heights, 12’w x 10’ high drive in door, two restrooms with showers, and 400 AMP 3-Phase Power. In 2020 the building was remodeled to the tune of $50,000 including; security cameras inside and out with 2 TB hard drive and wireless access, expanded overhead door, 2 new 250K BTU hanging heater, energy efficient reflective elastomeric roof coating (10 year warranty, structural, cosmetic, and mechanical updates. The B-3, General Business District allows for a wide variety of retail and light industrial uses.

Contact or Call

For Lease

Industrial

Industrial Space

Available now!
9,200
Square feet
$4,216
Per month
  • Time on Market
    over 1 year
  • Last updated
    Jun 22, 2021
  • Space ID
    1913960
  • Presented By
    Coldwell Banker Commercial Devonshire Realty
    AJ Thoma III, CCIM
Contact or Call

Property Details

Area Description
The property is located on Colorado Ave. just east of Philo Rd. Business District. Property is surrounded by businesses, high density multi-family and single family residences. The Philo Rd. business district is southeast Urbana and is comprised of businesses such as: Walgreens, CVS, Planet Fitness, U-Haul, McDonalds, Burger King, Meijer, Sprint, and many more.
Property Description Subject property is a steel free clear industrial/flex building constructed in 2000 and extensively renovated in 2020 and sits on .4477 Acres. The building consist of 9,200 SF with approx. 500 SF of office/reception space, 12’ clear heights, 12’w x 10’ high drive in door, two restrooms with showers, and 400 AMP 3-Phase Power. In 2020 the building was remodeled to the tune of $50,000 including; security cameras inside and out with 2 TB hard drive and wireless access, expanded overhead door, 2 new 250K BTU hanging heater, energy efficient reflective elastomeric roof coating (10 year warranty, structural, cosmetic, and mechanical updates. The B-3, General Business District allows for a wide variety of retail and light industrial uses.

  • Property Type
    Industrial
  • Year Built
    2000
  • Sale Price
    $450,000
  • Total Building Size
    9,200RSF
  • Total Acres
    0.47
  • Total Available
    9,200RSF
  • Number of Floors
    1
  • Largest Contiguous
    9,200RSF
  • Zoning
    B3
  • Sale Status
    Available
  • Last updated
    Jun 22, 2021
  • Property ID
    2132552

Landlord's Leasing/Sales Representative

  • AJ Thoma III, CCIM
    Coldwell Banker Commercial Devonshire Realty