118 N Main Street, Urbana, OH 43078
New Listing
$449,900
Property Type:
Commercial
Square Footage:
8,334
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$449,900
List Date:
2/07/2026
Last Modified:
2/07/2026
Description
Positioned in the coveted 100 block of North Main Street in the very heart of Urbana's vibrant downtown business district, this admired commercial building offers a rare opportunity to own a landmark property with deep local roots. Held in the same family for decades and currently home to the prestigious Guild Galleries Interiors, an interior design studio, retail boutique, and fine women's clothing and accessories destination, the property is surrounded by thriving retail shops, restaurants, coffee shops, bank, bookstore, event center and professional offices, truly embodying the phrase 'location, location, location.' Inside, the building features four full levels of usable space, including a finished basement, all conveniently served by a working elevator that reaches every floor along with traditional stair access. The basement level is finished for office use and includes a half bath. The main level showcases over 3,000 square feet of retail space highlighted by a blend of gleaming hardwood floors and carpeted areas, while the second floor provides an additional 3,000+ square feet that has most recently functioned as an expansive retail showroom. The third level contributes another 1,500+ square feet currently utilized for storage. With both front and rear public entrances and a public parking lot directly behind the building, accessibility is exceptional. Well- maintained and among the larger downtown properties where all four floors can be fully utilized, this building presents unlimited possibilities for retail, professional offices, loft-style apartments, or a creative mixed-use vision ready to be brought to life by its next owner. Real Estate Only - The Business can be negotiated outside of the Real Estate Transaction.
Supplements: ********
More Information MLS# 226003622
Location & Property Info
List Price/SqFt: 44.63
City (Mailing Addr): Urbana
Corp LimitPerAuditor: Urbana
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: No
Lease Rate $/Sq Ft: 0
General Property Info
Total SqFt Available: 10080
Bldg Sq Ft: 8334
Max Cont Sqft Avail: 10080
Minimum Sqft Avail: 8334
# of Docks: 0
Lot Size (Side): 193
# of Floors Above Gr: 3
Year Built: 1900
Acreage: 0.08
Tax Info
Tax Abatement: No
Taxes (Yrly): 4747
Parcel #: K48-25-00-04-19-030-00
Tax Year: 2025
Remarks & Misc
Property Description: Positioned in the coveted 100 block of North Main Street in the very heart of Urbana's vibrant downtown business district, this admired commercial building offers a rare opportunity to own a landmark property with deep local roots. Held in the same family for decades and currently home to the prestigious Guild Galleries Interiors, an interior design studio, retail boutique, and fine women's clothing and accessories destination, the property is surrounded by thriving retail shops, restaurants, coffee shops, bank, bookstore, event center and professional offices, truly embodying the phrase 'location, location, location.' Inside, the building features four full levels of usable space, including a finished basement, all conveniently served by a working elevator that reaches every floor along with traditional stair access. The basement level is finished for office use and includes a half bath. The main level showcases over 3,000 square feet of retail space highlighted by a blend of gleaming hardwood floors and carpeted areas, while the second floor provides an additional 3,000+ square feet that has most recently functioned as an expansive retail showroom. The third level contributes another 1,500+ square feet currently utilized for storage. With both front and rear public entrances and a public parking lot directly behind the building, accessibility is exceptional. Well- maintained and among the larger downtown properties where all four floors can be fully utilized, this building presents unlimited possibilities for retail, professional offices, loft-style apartments, or a creative mixed-use vision ready to be brought to life by its next owner. Real Estate Only - The Business can be negotiated outside of the Real Estate Transaction.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
T Reimburses L
Curr Yr Est $/SF TRL: 0
Construction
Brick: 1
Other: 1
Heat Fuel
Gas: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Heat Type
Hot Water: 1
Auction Info
Auction/Online Bidding Y/N: No
New Financing
Conventional: 1
Business Type
Professional/Office: 1
Restaurant: 1
Retail: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 449900
List Price: $449,900
Property Sub Type: Mixed Use
Street #: 118
Street PreDirection: N
Street Name: Main
Street Suffix: Street
County: Champaign
State: OH
Zip Code: 43078
Township: Urbana
OfficeContract Info
Status: Active
MLS Entry Date: 2026-02-06
Property Features
Addl Acceptance Cond: None Known
Heat Fuel: Gas
Heat Type: Hot Water
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available
Construction: Brick; Other
Business Type: Professional/Office; Restaurant; Retail
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Documents
Listing Office:
REMAX Alliance Realty
Listing Agent:
V. Patrick Hamilton
Last Updated: February - 07 - 2026
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