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1108 N Cunningham AvenueActive

Urbana, IL 61802








Key Details

Property Type Commercial

Sub Type Strip Center

Listing Status Active

Purchase Type For Sale

Year Built 1989

MLS Listing ID 10598296

Property Description

The former Dominoes Pizza is available, and would be perfect for a carry-out and delivery restaurant or store. Enjoy the convenience of fast access to downtown, North Urbana, and I-74. Front unit includes a 10' overhead door, garage space, office space, rest room, carry-out counter, and a large space that is plumbed for kitchen use. Daily traffic count averages 19,000 cars, and this space comes with two sign locations on the front of the building. This is an excellent opportunity to develop your business or restaurant in partnership with a landlord who has flexibility. The rear space is leased to a long-term tenant for $1,550/month. The middle space is on a short-term lease and could be available at $1,550/month. The garage space is leased month-to-month and is available for $1,160/month. The former Dominos space is available for $1,840/month, or for $3,000.00/ month including the garage. The entire strip center is available for sale for $450,000. All lease prices are gross. Dominos lease price includes $7,500 HVAC allowance and demolition to a cold dark shell. Parking lot will be redone for a lease, but not for a sale.


State IL

County Champaign

Area Urbana

Zoning COMMR

Multi-Unit Info

Existing Lease Term Gross


Heating Central Heat/Indiv Controls

Cooling Central Air


Story 1

Lot Dimensions IRR


Senior Community No

Tax Amount $8,570

Tax Year 2018

Tax ID 912109102006

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Listing provided by Abe Lincoln Realty

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Date Event Price Source

    Neighborhood Demographic

    Steve Umnow Core Realty

    Steve Umnow

    owner | License ID: 478.026257



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