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1301 E. Washington St., Urbana, IL 61802

$165,000
Commercial Property MLS# 3YD-RFGCB-2RWP7V ID: 40999264
$165,000 Get Rates

Redevelopment Land, Not Applicable - Urbana, IL
This property is a 1.82 acre development site with 360 feet of frontage along Philo Rd. and 220 feet of frontage along East Washington St. This is an excellent redevelopment site which is located in the Urbana Enterprise Zone. Eligible commercial projects located within the UEZ can receive both sales tax exemptions certificates and property tax abatements. This location would be ideal for a strip center or a service oriented business. There are currently several buildings located on site which are in disrepair. The buildings need to either be brought up to code within 18 months of the sale or demolished. Whether they are repaired or demolished, both are at the buyer’s expense.

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Location Information near 1301 E. Washington St.
Offered by Jay Sikorski at Coldwell Banker Commercial Devonshire Realty

Would you like more information regarding this property?
Please call (217) 352-7712.

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Property Features for 1301 E. Washington St.
Status
Market Status
Available
Last Updated
October 17, 2017
Description
Property Type
Commercial Property
Approx. Lot Size
1.82 Acres

Listing Features

  • Property Type: Commercial; Redevelopment Land
  • Jay Sikorski
  • Coldwell Banker Commercial Devonshire Realty

Data Provided by:
Coldwell Banker

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More information about this $165,000 Commercial Property at 1301 E. Washington St.

This $165,000 Commercial Property at 1301 E. Washington St. in Urbana, IL is presented by Jay Sikorski. This $165,000 Commercial Property, located in the 61802 zip code, has the following property features: Property Type. This 1301 E. Washington St. Commercial Property, located in Champaign County , is listed under MLS listing number 3YD-RFGCB-2RWP7V and has a listing price of $165,000. You can find more URBANA homes for sale here.