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$1,200,000
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Property Description
Prime investment opportunity with tremendous upside! This two-story commercial building features 40 units and offers solid fundamentals along with a versatile blank canvas for cosmetic upgrades and creative rebranding. The property provides an operator with a wide range of possibilities to elevate rents, modernize interiors, and unlock additional revenue streams. Key features include an onsite laundry facility with commercial grade plumbing and venting, ample private parking, and a lobby and reception area with an entrance highlighted by a covered porte-cochere. A rare opportunity to acquire a well maintained asset with substantial potential for growth and income enhancement.
Full Property Details
Full Property Details for 1490 E US Hwy 36
General
- Sold For: $1,200,000
- Taxes: $8,162 (2025)
- Status: Closed
- Type: Commercial Service
- Source: 507
- MLS ID: 1042875
- Added to Site: 112 day(s) ago
Parking
- Parking: Parking Lot, Private, On Site
Location
- Area: 340 Urbana Township
- County: Champaign
- Subdivision: Salcon Park
- Driving Directions: Scioto Street (US Hwy 36) East of Dowtown Urbana.
Heating & Cooling
- Cooling Type: Central Air, Wall Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
Structural Information
- Exterior Const.: Brick, Vinyl Siding
- Square Feet: 15,988
- Year Built: 1999
Lot Features
- Lot Size (Acres): 0.95
- Lot Dimensions: *
Financial Considerations
- Tax Amount: $8,162
- Tax Year: 2025
Disclosures and Reports
- Property ID: K482511034700500
Listed by V. Patrick Hamilton
Sold by JOHN DOE (NON-WRIST MEMBER)
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Schools
Schools serving 1490 E US Hwy 36
School District:Urbana City School District
| Name | Grades | Distance |
|---|---|---|
Urbana High School 500 Washington Avenue, Urbana, OH 43078 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1490 E US Hwy 36
Date
Details
Price
Change
Source
3/27/2026
Sold
$1,200,000
—
MLS
12/07/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1490 E US Highway 36, Urbana, OH 43078 (MLS# 1042875) is a Commercial Service property that was sold at $1,200,000 on March 27, 2026. Want to learn more about 1490 E US Highway 36? Do you have questions about finding other Commercial Service real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.

