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Manzella's 115 S 1st St 13,216 SF Flex Building Champaign, IL 61820 $1,800,000 ($136.20/SF)
INVESTMENT HIGHLIGHTS
- High Demand Student and Residential Market
- Established Retail Trade Area
- Walkable Transit-Connected District
- Flexible 13,216 SF Commercial Site
- Mixed-Use Development Potential
- High Visibility Corridor
EXECUTIVE SUMMARY
Prime mixed-use development opportunity located one block from the University of Illinois Urbana Champaign. This 13,216 SF commercially zoned site sits within a walkable, transit-connected district linking campus, downtown, and nearby residential neighborhoods. Strong year-round demand is driven by more than 56,000 students, faculty, and staff, supported by 146,338 residents and 63,212 households within a 5-mile radius. The property is well-positioned for retail, restaurant, housing, or service-oriented redevelopment, reinforced by nearby national operators including Walgreens, Chase, Circle K, Subway, Jimmy John’s, OSF Healthcare, and County Market. High-visibility site with flexible development potential in a dynamic university market. Top potential uses include redevelopment, restaurant, parking, rental, and retail. Current tenants include Manzella and Byers Vacuum.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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-
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| Total Expenses |
$99,999
|
$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,800,000 | Rentable Building Area | 13,216 SF |
| Price Per SF | $136.20 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1950 |
| Property Type | Flex | Tenancy | Single |
| Zoning | C | ||
| Price | $1,800,000 |
| Price Per SF | $136.20 |
| Sale Type | Owner User |
| Property Type | Flex |
| Rentable Building Area | 13,216 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Zoning | C |
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Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (84)
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Manzella's | 115 S 1st St
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