Former Manufacturing/Production Facility
$6,500,000
1505 E Main St Urbana, IL 61802
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About this listing
DESCRIPTION
This exceptional industrial property offers a rare combination of heavy and light industrial zoning, direct rail access to the Norfolk Southern Rail Network via the Mansfield Branch, and excess land primed for expansion, redevelopment, or new development opportunities. Equipped with heavy power and manufacturing infrastructure, this site is well-suited for a variety of industrial operations, particularly given the limited availability of manufacturing facilities in the region. Strategically located in an Enterprise Zone, the property benefits from potential incentives that can enhance operational efficiency and cost savings. Its proximity to the University of Illinois places it near a growing hub of technology, FoodTech, and AI-focused research, offering strong synergy for innovative and high-tech industries. Additionally, an adjacent ±10,000 SF standalone Butler building provides further flexibility for storage or additional operations. This is a rare opportunity to secure a well-positioned industrial asset in a market with increasing demand and limited supply. Short term sale/leaseback available.
AREA
The subject property is located in Urbana roughly 10 blocks east of downtown and adjacent to Brookens Adim Building. The property is 2 miles from I-74, 6 miles from I-72, and 7 miles from I-57.
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Building Size
269,000 sqft
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Year Built
1957
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Zoning
IN-1&2 - Heavy & Light Industrial Zoning
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Year Last Renovated
1991
Aj Thoma III, CCIM, SIOR
CCIM
NAR
SIOR
License #: 476.431398
Coldwell Banker Commercial Devonshire Realty
Champaign, IL
