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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

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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

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
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
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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
  • Listing ID: 34695155

  • Date on Market: 2025-02-02

  • Last Updated:

  • Address: 501 E University Ave, Urbana, IL 61802

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