214 W. Main St.

For Sale

214 W Main St, Urbana, IL 61801

This Urbana property for sale is located at 214 W Main St. The current listed sale price for 214 W. Main St. is $970,000. 214 W. Main St. is situated on a lot that is 5,104 square feet in size.

Contacts

Zach Wetherell

Coldwell Banker Commercial Devonshire Realty

Property Details

  • Property Type Retail
  • Lot Size 5,104 SF
  • Date Updated May 18, 2026
Property was originally constructed in 1903 and remodeled in 2014 as a bar on the main level and karaoke business on the second level. The main level is 4,400 square feet and consists of a bar area with open area, five karaoke rooms, full kitchen, and restrooms. The second level is 4,400 SF and has its own separate entrance to the space and consists of a bar area with private seating, restrooms, and 7 private karaoke rooms. They karaoke business on the second level has signed a 5 year lease which started in January 2026. The seller is collecting $4,000 per month in gross rent from the second floor tenant with annual $150/month increases in rent. The property has additional storage on an upper level above the second floor. A back stairwell was added in 2014 when the property was remodeled. The building also has a full basement which has a restroom, walk-in cooler/freezer, office space and additional storage. The HVAC system was new in 2014 when the building was remodeled and a new roof was installed in June 2025. The building is sprinkled with a wet system for the first floor and basement levels, and a dry system for the second floor. Currently the first floor and basement space are not being used and would be well suited for an owner-occupied business or to lease out to another business.
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Location

  • City Urbana, IL
  • Neighborhood Urbana
  • Zip Code 61801

Points of Interest

  • Champaign-Urbana

    1.69 miles

  • Marathon

    0.38 miles

  • Circle K

    0.52 miles

  • ChargePoint

    0.82 miles

  • BP

    1.57 miles

  • Tesla Supercharger

    3.53 miles

  • Tepper Lot

    0.10 miles

  • Urbana Public Parking

    0.10 miles

  • Marro Lot

    0.13 miles

  • Carle Employee Parking Lot No. 14

    0.62 miles

  • D22

    0.66 miles

  • D1

    0.71 miles

  • D5

    0.75 miles

  • B22

    0.75 miles

  • D14

    0.76 miles

  • B2

    0.79 miles

  • Siam Terrace

    0.01 miles

  • Courier Cafe

    0.02 miles

  • Sakura

    0.05 miles

  • Tres Nopales

    0.07 miles

  • Masijta Grill

    0.07 miles

  • Encanto Restaurant and Bar

    0.09 miles

  • Black Dog Smoke & Ale House

    0.12 miles

  • Baldarotta’s Porketta & Sicilian Sausage

    0.14 miles

  • Baldoratta's

    0.16 miles

  • Broadway Food Hall

    0.20 miles

  • World Harvest

    0.10 miles

  • Lincoln Square

    0.19 miles

  • Common Ground

    0.23 miles

  • Schnucks

    0.36 miles

  • El Progresso

    1.01 miles

  • Target

    1.10 miles

  • Dollar Store

    1.12 miles

  • World Harvest Foods

    1.14 miles

  • Far East Grocery

    1.22 miles

  • County Market

    1.29 miles

Contact Listing Broker
Zach Wetherell

Coldwell Banker Commercial Devonshire Realty

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