DOWNTOWN URBANA OFFICE FOR SALE

For Sale

508 S Broadway Ave, Urbana, IL 61801

This Urbana property for sale is located at 508 S Broadway Ave. The current listed sale price for DOWNTOWN URBANA OFFICE FOR SALE is $1,152,375. DOWNTOWN URBANA OFFICE FOR SALE is situated on a lot that is 0.63 acre in size.

Contacts

AJ Thoma III

Coldwell Banker Commercial Devonshire Realty

Property Details

  • Property Type Office - General Office
  • Lot Size 0.63 Acre
  • Date Updated Jul 30, 2026
Coldwell Banker Commercial Devonshire Realty (CBCDR) is pleased to exclusively offer for sale this well-maintained professional office building located in the heart of Downtown Urbana, Illinois. Situated on 0.63 acres immediately south of the Champaign County Courthouse and Federal Courthouse, the property contains approximately 9,251 square feet and provides an excellent opportunity for an owner-user, professional services firm, government contractor, nonprofit, or investor seeking a highly functional office facility with additional warehouse/storage capabilities. Originally constructed in 1963 and extensively renovated in 1992 for a prominent law firm, the building offers a highly efficient layout consisting of approximately 6,939 SF of executive office space and 2,312 SF of attached warehouse/storage space. The office area features approximately sixteen private offices, two large conference rooms, an inviting reception area, kitchenette, multiple file/storage rooms, and two sets of restrooms. Quality finishes throughout create a professional image while allowing immediate occupancy with minimal renovation. The existing layout also lends itself to a future multi-tenant configuration, allowing an owner-user to offset occupancy costs through rental income. The attached warehouse measures approximately 34′ x 68′ and includes a 7′ x 7′ overhead door, making it well suited for records storage, fleet or equipment storage, maintenance operations, making it well suited for records storage, fleet operations, maintenance support, equipment storage, light assembly, or other ancillary business operations. The property’s flexible configuration also presents an opportunity to accommodate multiple users or future reconfiguration depending upon an owner’s operational needs.
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Getting around

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  • 62/100

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  • 77/100

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Location

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

Points of Interest

  • Champaign-Urbana

    1.88 miles

  • Marathon

    0.12 miles

  • Circle K

    0.65 miles

  • ChargePoint

    1.05 miles

  • BP

    1.27 miles

  • Murphy USA

    2.39 miles

  • Tesla Supercharger

    3.82 miles

  • Marro Lot

    0.23 miles

  • Urbana Public Parking

    0.23 miles

  • Tepper Lot

    0.25 miles

  • D22

    0.69 miles

  • D5

    0.81 miles

  • D1

    0.82 miles

  • Parking area

    0.84 miles

  • F13

    0.84 miles

  • D14

    0.86 miles

  • F29

    0.89 miles

  • Urbana Landmark Hotel

    0.18 miles

  • Sylvia's Irish Inn - Bed & Breakfast Accommodation | B&B Room | Motel in Urbana, IL

    0.30 miles

  • America's Best Inn

    0.58 miles

  • Manor Motel

    1.07 miles

  • Hampton

    1.11 miles

  • TownePlace Suites

    1.28 miles

  • Motel 6 Urbana, IL

    1.62 miles

  • Eastland Suites Hotel & Conference Center - Urbana/Champaign

    1.63 miles

  • Howard Johnson by Wyndham

    1.66 miles

  • Comfort Suites

    1.70 miles

  • Common Ground

    0.13 miles

  • Lincoln Square

    0.14 miles

  • World Harvest

    0.36 miles

  • Schnucks

    0.42 miles

  • El Progresso

    1.21 miles

  • Target

    1.23 miles

  • Dollar Store

    1.30 miles

  • World Harvest Foods

    1.35 miles

  • Far East Grocery

    1.43 miles

  • County Market

    1.46 miles

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