Properties

Features
: Central Air
Address Map
US
IL
Champaign
Urbana
61801
Colorado
1209
Avenue
W89° 48' 21.6''
N40° 5' 40.7''
South side of Colorado Ave between Philo Rd and Cottage Grove Ave
Urbana
E
OFFIC
Additional Information
4312
: Brick , Block
: Medical/Dental
Service - 201 to 600 Amps,Three Phase
: Concrete Perimeter , Block
290x260
1
815000
1
GUTH & ASSOCIATES,LLC
Jill Guth
Financial
35082
Listing Information
952585
95405
Active
2026-07-29T16:18:03Z
MRED
2026-07-01T05:05:57Z
Property Description

Presenting an outstanding commercial opportunity in Urbana’s B3 General Business District-this offering includes two contiguous parcels totaling 37,806 SF. The main building at 1209 E Colorado Ave is a well-maintained 4,312 SF office structure, currently configured for dental use but ideal for medical, professional, or general office tenants. The adjacent vacant lot at 1207 E Colorado Ave provides excess land for future expansion, additional parking, or redevelopment potential. This is a turn-key investment with stable cash flow and upside potential via future lease-up or redevelopment of the adjacent parcel. Ideal for investors, owner-users, or medical professionals seeking a visible and accessible location in Urbana. Property Highlights: Two Parcels: – Tract 1 (1209 E Colorado): Improved with 4,312 SF office building – Tract 2 (1207 E Colorado): Vacant lot to the north Built for single or multi-tenant use Shared amenities: 2 break rooms, 4 restrooms, lab, sterilization area Suite 101 (2,262 SF) currently leased through 3/31/2029 at $15/SF NNN 5-year term with 5-year renewal option Tenant pays half of shared utilities North entrance with shared waiting area 27 surface parking spaces Concrete block construction with brick exterior Asphalt shingle roof (replaced ~7 years ago) Partial basement (1,440 SF, unfinished; mechanicals & storage) Interior Layout: East Wing: Break room, 2 restrooms, lab, private office West Wing: Break room, 2 restrooms, office, sterilization area South Wing: Open operatory area with 2 built-in sinks, 5 semi-private operatories with sinks

Commercial Sale For Sale

1209 E Colorado Avenue, Urbana, Illinois 61801

  • Lot Size: 0.87 Acre
$725,000
Listing ID#12437290
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12437290
Price : $725,000
Year Built : 1999
Lot Size : 0.87 Acre
Listing Status : Active
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