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$ 599,900
Est. payment | /mo
1,311 SqFt
$ 599,900
Est. payment | /mo
1,311 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 1,311 sqft
Price per Sqft $457
MLS Listing ID 12741365
Year Built 2004
Annual Tax Amount $5,708
Tax Year 2025
Lot Size 0.320 Acres
Lot Dimensions 60x15x120
Property Sub-Type Retail/Stores
Property Description
WHAT COULD YOU CREATE HERE? One of Mahomet's most unique commercial opportunities! This architecturally striking 1,300 SF two-story building offers over 400' of highway frontage, expansive paver parking, beautiful landscaping, covered outdoor space and incredible visibility. Stone, wood, glass and black accents give the property incredible character, while utilities have already been extended to a separate area of the site, creating the infrastructure for a potential secondary use or additional business concept. Previously home to several successful local businesses and currently utilized as a successful weekly vacation rental, the possibilities are endless...wine or bourbon lounge, art gallery, salon, boutique, professional office, events, food-truck concept, collaborative business space and more. If you're paying premium commercial rent, maybe it's time to own your location and build equity. 401 W Oak isn't about what has been here, it's about what you're going to create here next!
Location
State IL
County Champaign
Area Western Champaign County / Piatt & Mcclean Counties
Interior
Cooling Small Duct High Velocity
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Nearby
Building
Dwelling Type Retail/Stores
Water Well
Structure Type Stone,Wood,Cedar
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Nate Evans of Nate Evans Group
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