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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