Exceptional second-generation restaurant opportunity located at the highly visible corner of Springfield Ave and Prospect Ave. This well-maintained property offers approximately 3,365 SF on the main level with an additional 3,343 SF basement for storage and office space. Renovated and professionally built out around 2018, the functional kitchen includes a hood, walk-in cooler, and walk-in freezer, while the dining area is filled with natural light from expansive windows. The space has an occupancy of 99, two ADA-compliant restrooms, and a private office off the kitchen. The basement also includes an unfinished office area that could be completed for additional workspace but would require improvements before occupancy or leasing. Zoned CN (Commercial Neighborhood), the property is well suited for a restaurant, cafe, bakery, or even a small grocery or convenience store with a bakery or deli operation. Situated at one of Champaign's premier intersections, this location offers outstanding visibility and accessibility and has a proven history of success as the longtime home of Pekara Bakery & Bistro.

Listing Courtesy of MRED as distributed by MLS Grid of Green Street Realty



Based on information submitted to the MLS GRID as of 2026-10-22 02:34 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-10-22 02:34 AM UTC
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