1601 N CUNNINGHAM AVE
Prime Restaurant Property - Urbana, IL
Marketing description
1601 N Cunningham Avenue presents a rare opportunity to acquire a ±12,000 SF freestanding restaurant property in one of Urbana's busiest commercial corridors. Purpose-built for restaurant use, the property is fully equipped with extensive kitchen infrastructure, including multiple exhaust hood systems, walk-in coolers and freezer, a beer cooler, outdoor patio seating, and ample on-site parking. Recent improvements, including a new roof (2024), nine newer HVAC units, and three newer furnaces, provide added value and minimize future capital expenditures. Located along Cunningham Avenue with traffic counts exceeding 20,000 vehicles per day, the property offers exceptional visibility and easy access to Interstate 74. This turnkey property is ideally suited for restaurant operators or owner-users seeking a well-maintained property in a high-traffic location.
Investment highlights
- 6' and 22' commercial exhaust hood systems
- Two walk-in coolers and one walk-in freezer
- Dedicated beer cooler
- Expansive kitchen
- Outdoor patio seating area
- New roof installed in 2024
- Ample on-site parking
- Zoned B-3 (General Business)
- Seats 500
- Convenient access to Interstate 74, the University of Illinois, and Downtown Urbana
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