1505 E Main St

For Lease

1505 E Main St, Urbana, IL 61802

1505 E Main St currently offers 1 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include warehouse/distribution. The minimum space size listed is 269,000 square feet. Lease type options include Net. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at 1505 E Main St.

Space Available For Lease 1

Contacts

AJ Thoma III

Coldwell Banker Commercial Devonshire Realty

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 269,000 SF
  • Year Built 1957
  • Year Renovated 1991
  • Date Updated Jun 21, 2026
This exceptional industrial property offers a rare combination of heavy and light industrial zoning, direct rail access to the Norfolk Southern Rail Network via the Mansfield Branch, and excess land primed for expansion, redevelopment, or new development opportunities. Equipped with heavy power and manufacturing infrastructure, this site is well-suited for a variety of industrial operations, particularly given the limited availability of manufacturing facilities in the region. Strategically located in an Enterprise Zone, the property benefits from potential incentives that can enhance operational efficiency and cost savings. Its proximity to the University of Illinois places it near a growing hub of technology, FoodTech, and AI-focused research, offering strong synergy for innovative and high-tech industries. Additionally, an adjacent ±10,000 SF standalone Butler building provides further flexibility for storage or additional operations. This is a rare opportunity to secure a well-positioned industrial asset in a market with increasing demand and limited supply. Short term sale/leaseback available.
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Getting around

  • 38/100

    Walk Score ®

  • 62/100

    Transit Score ®

  • 55/100

    Bike Score ®

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Location

  • City Urbana, IL
  • Zip Code 61802

Points of Interest

  • Champaign-Urbana

    2.72 miles

  • Marathon

    0.79 miles

  • BP

    1.10 miles

  • Murphy USA

    1.49 miles

  • Circle K

    1.53 miles

  • ChargePoint

    1.85 miles

  • Tesla Supercharger

    4.42 miles

  • Above and Beyond Detailing

    0.52 miles

  • M&M Auto Detail

    0.62 miles

  • Zipcar

    2.75 miles

  • Smitty's Car Wash

    3.11 miles

  • Rainstorm

    3.40 miles

  • Enterprise

    3.76 miles

  • Rainstorm Express

    3.82 miles

  • Huaraches Moroleon

    0.44 miles

  • Xinh Xinh Cafe

    0.70 miles

  • China Garden

    0.71 miles

  • Wingstop

    0.75 miles

  • El Oasis

    0.80 miles

  • La Mixteca

    0.82 miles

  • Stango

    0.90 miles

  • Wendy's

    0.90 miles

  • McDonald's

    0.91 miles

  • Arby's

    0.91 miles

1505 E Main St Listing Brief

  • The rental rate for available space here starts at $$3.75/SF/YR. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.

  • Completed in 1957, the property at 1505 E Main St incorporates 269,000 square feet.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

Contact Listing Broker
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