Former Manufacturing/Production Facility

For Sale

1505 E Main St, Urbana, IL 61802

This Urbana property for sale is located at 1505 E Main St. The current listed sale price for Former Manufacturing/Production Facility is $6,500,000.

Contacts

broker
AJ Thoma III

Coldwell Banker Commercial Devonshire Realty

Property Details

  • Property Type Industrial
  • Property Size 269,000 SF
  • Year Built 1957
  • Year Renovated 1991
  • Date Updated Jul 25, 2025
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
  • Neighborhood Urbana
  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
AJ Thoma III

Coldwell Banker Commercial Devonshire Realty

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