401 N BROADWAY AVE Urbana IL 61801-2731

Exclusively offering 401 N Broadway Urbana, commonly known as the Broadway Food Hall, for sale.

The 15,000 SF building located near Downtown Urbana underwent an extensive remodel in 2017 and the main building features multiple commercial kitchen spaces, a bar area and an expansive open space for events. The space was previously used as a food court with multiple restaurants and has been used as an event center for weddings and other special events and meetings. The commercial kitchens include exhaust hood systems, sinks, and there is a walk in cooler and freezer to serve the commercial kitchens.

The property is located just south of University Avenue and near the downtown business district. National grocer, H-Mart, will be located directly across the street which will be in the fall, 2024. Downtown Urbana employment will be growing with the relocation of the Champaign County offices to 102 Main in the downtown area. There is ample on-street parking as well as public parking near the property and the location is walkable to the downtown area. Opportunity for outdoor seating area on the east side of the building.

The property could be reactivated as a food hall/event center or reimagine as a community center, an open concept office building, art gallery, retail and much more.

• 30,000 SF Lot

• 15,021 SF Building

• 12’ Ceiling Height in main building

• 2017 Remodel including interior an exterior (Roof, Windows, Doors, HVAC, Plumbing, Electrical, Etc.)

• Multiple Commercial Kitchens

• Walk in Cooler

• Close to Downtown Urbana