RE/MAX REALTY ASSOCIATES
Max Mitchell, RE/MAX REALTY ASSOCIATESPhone: (217) 369-0376
Email: [email protected]
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listing
1 of 62
Business OpportunityFor Sale
$950,000
118 N Walnut Street
Champaign, IL 61820
Courtesy of Keller Williams-Trec
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID
2,653Sq Ft
Est. Mortgage
$5,004/mo

A great investment opportunity in downtown Champaign that you won't want to miss! Discover the epitome of charm and character in this remarkable commercial property boasting a unique atmosphere that marries history and modernity in the first-floor retail space and additional units. This exceptional offering is an extraordinary opportunity for entrepreneurs, investors, and visionaries alike with endless opportunities. Key Features: Distinctive Atmosphere: Step into a world of character and ambiance as you enter this one-of-a-kind establishment. The property showcases 14-foot ceilings that create an expansive and inviting space. The woodwork throughout the building adds an authentic touch to the decor. This property consists of five units that are currently utilized for Airbnb accommodations. It represents a fantastic investment opportunity with substantial income potential. The property's current use as short-term rentals positions it well for generating consistent and lucrative returns. Functional Basement: The property's full basement is partially finished and equipped with essential mechanicals, including a built-in cooler and an office space. This basement area can serve as valuable storage or operational space. This outstanding commercial real estate opportunity offers a unique blend of historical charm, income potential, and strategic location. If you're an experienced entrepreneur looking to expand your portfolio, this property promises an exceptional return on investment.

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