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This property is presently being used for retailing and repairing vehicles. Seller is offering the real estate only. Current zoning is U1. There are 2 principal buildings each on a separate lot. The retail/shop building has approximately 10,000 square feet of space. The space has 2 deluxe office suites with half baths, 6 additional sale offices, 2 large show rooms 25'x48' and 30'x40' with a 30'x40' loft, repair shop 40'x60', and 2 additional rest rooms. The building is handicap accessible; has 3 central air units and 3 gas forced air units in the finished part of building (approximately 6600 square feet including the loft). The shop area has 2 over head gas furnaces, 14' ceilings, 5 overhead doors with remotes. This retail/shop building is surrounded by asphalt with 3 catch basins.The second building is on east of property. It is 30'x125' and is divided in 3 sections with interior walls. The north and center sections are fully insulated, have full power (lights and outlets), have 12' ceilings. The north section has 3 overhead doors. The center section has 2 overhead doors with remotes, an overhead furnace, water under pressure. The south section has been used primarily for storage with a 20'x12' overhead door. All sections have convenience doors, metal siding, and concrete floors.The property is highly visible on the southeast corner of US Highway 36 and South Ludlow. There are approximately 450' frontage on US Highway 36 and 280' frontage on South Ludlow. Seller will consider separating the 2 parcels and will also consider selling the business equipment.
| DAYS ON MARKET | 352 | LAST UPDATED | 8/5/2022 |
|---|---|---|---|
| YEAR BUILT | 1974 | COMMUNITY | 450 Union Township |
| COUNTY | Champaign | STATUS | Sold |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Mar 28, '22 | $699,000 |
|---|---|
| Mar 28, '22 - May 17, '22 | $649,000 |
| May 17, '22 - Jul 18, '22 | $599,000 |
| Jul 18, '22 - Today | $499,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 450 Union Township |
| BASEMENT | None |
| CONSTRUCTION | Aluminum Siding, Cedar, Stucco |
| EXTERIOR | Overhead Door(s) |
| GARAGE | Yes |
| HEAT | Forced Air, Propane |
| INTERIOR | Security System |
| LOT | 2.15 acre(s) |
| LOT DESCRIPTION | Plat |
| PARKING | Garage,Hard Surface,On Site,Parking Lot,Private |
| SEWER | Septic Tank |
| STYLE | Pole Barn/Building |
| TAXES | 4786.98 |
| UTILITIES | Propane |
| WATER | Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Henderson Land Investment Co.
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