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501 E University Ave - Big R Car Wash 3,000 SF Specialty Building Offered at $687,810 CAD in Urbana, IL 61802



EXECUTIVE SUMMARY
Prime business opportunity in the heart of Urbana! This modern, turn-key car wash facility is located on nearly 3/4 acre of premium commercial land, strategically positioned just east of Vine St. on University Ave, in a high-traffic area with easy highway access. Situated only blocks from Downtown Urbana and surrounded by major retailers and amenities. This free-standing property offers a prime spot for customer convenience and visibility. Featuring seven car wash bays, a spacious customer waiting area, office space, and a fully equipped setup-all included with the sale. This property is ready for a seamless transition to a new owner. Perfect for entrepreneurs looking to invest in a thriving location. Schedule your private showing today to seize this exceptional opportunity!
TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $687,810 CAD | Lot Size | 0.69 AC |
| Price Per SF | $229.27 CAD | Building Size | 3,000 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1985/2017 |
| Property Subtype | Car Wash | Parking Ratio | 3/1,000 SF |
| Building Class | B | ||
| Zoning | CG | ||
| Price | $687,810 CAD |
| Price Per SF | $229.27 CAD |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.69 AC |
| Building Size | 3,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2017 |
| Parking Ratio | 3/1,000 SF |
| Zoning | CG |
AMENITIES
- Air Conditioning
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 91-21-08-480-016 | Total Assessment | $218,476 CAD (2024) |
| Land Assessment | $70,501 CAD (2024) | Annual Taxes | -$3,000 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $147,975 CAD (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
91-21-08-480-016
Land Assessment
$70,501 CAD (2024)
Improvements Assessment
$147,975 CAD (2024)
Total Assessment
$218,476 CAD (2024)
Annual Taxes
-$3,000 CAD (-$1.00 CAD/SF)
Tax Year
2023 Payable 2024
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501 E University Ave - Big R Car Wash
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