Former Manufacturing/Production Facility

1505 E Main St, Urbana, IL 61802

  • For Sale $6,500,000
  • Property Type Industrial
  • Property Size 269,000 SF
  • Year Built 1957
  • Year Renovated 1991
  • Date Updated Aug 4, 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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Contacts

broker

Coldwell Banker Commercial Devonshire Realty

Location

Getting Around

  • Walk Score ®

    38/100 Car-Dependent
  • Transit Score ®

    62/100 Good Transit
  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • 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

  • Urbana Public Parking

    0.94 miles

  • Marro Lot

    1.06 miles

  • Tepper Lot

    1.06 miles

  • Carle Employee Parking Lot No. 14

    1.48 miles

  • D22

    1.60 miles

  • D1

    1.71 miles

  • D5

    1.72 miles

  • F13

    1.74 miles

  • Parking area

    1.74 miles

  • D14

    1.75 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

  • Schnucks

    0.71 miles

  • Common Ground

    0.86 miles

  • Lincoln Square

    0.90 miles

  • El Progresso

    1.12 miles

  • World Harvest

    1.13 miles

  • Dollar Store

    1.14 miles

  • ALDI

    1.37 miles

  • Walmart Supercenter

    1.62 miles

  • Meijer

    1.74 miles

  • Target

    2.12 miles

  • Champaign County Sheriff

    0.36 miles

  • CVS Pharmacy

    0.72 miles

  • Urbana Police Department

    0.77 miles

  • Urbana Main Fire Station

    0.77 miles

  • Walgreens

    0.84 miles

  • Carle Foundation Hospital

    1.41 miles

  • Urbana Fire Station 2

    1.43 miles

  • McKinley Health Center

    1.67 miles

  • Division of Public Safety

    1.77 miles

  • Urbana Fire Station 4 - U of I Campus Station

    1.80 miles

Frequently Asked Questions

How much does Former Manufacturing/Production Facility cost?

The space currently listed for sale at Former Manufacturing/Production Facility asks for $6,500,000.

What is the total square footage of Former Manufacturing/Production Facility?

Former Manufacturing/Production Facility totals 269,000 square feet.

When was this property built?

Former Manufacturing/Production Facility was built in 1957.

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Contact Listing Broker
broker

Coldwell Banker Commercial Devonshire Realty

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