Listed by Coldwell Banker Commercial Devonshire Realty
$349,000
Freestanding Former Bank / Office & Retail
Details
APN 44-20-15-432-016
Property Type Office, Retail
Sub Type Bank, Executive Office
Square Footage 1,922
Tenancy Vacant
Broker Co-Op Yes
Year Built 1974
Year Renovated 2018
Acreage 0.440
Zoning CN- Commercial Neighborhood
Parking Spaces 10 spaces
Parking Per SqFt 5.20
Office | 1,922 SqFt
Marketing description
1203 S Mattis avenue is a ± 1,922 sf freestanding building constructed in 1974 and fully remodeled in 2018. The interior includes three private offices, a conference room with kitchenette, a reception area with teller desk, multiple storage rooms, and two restrooms. The property also features a drive-thru lane, pylon signage along Mattis avenue, and 10 rear parking spaces. Originally designed as a bank branch, the layout, size and location provides an adaptable footprint suitable for a wide range of uses, including office or retail. There are no deed restrictions limiting use by banks or financial institutions.
Mattis avenue is a well-travelled, easily accessible north-south corridor running through the heart of Champaign. The property benefits from a strategic location surrounded by established retail, office and residential development, providing strong daytime and neighborhood traffic. Nearby tenants include little Caesars, Panera bread, PNC bank, Jimmy John's, Starbucks, and several other national and local businesses.
Investment highlights
Freestanding Building
Purpose-Built Bank
Listing Contacts
Listed by Coldwell Banker Commercial Devonshire Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
