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Downtown Multi-Tenant Retail Building

123 North Vermilion Street Danville, IL 61832

123 North Vermilion Street, Danville, IL, 61832
Contact for pricing
For Sale
Contact for pricing

Multi-tenant downtown retail building with vacant first-floor space and an upstairs suite with large windows.

Days on Market103

Property Features for 123 North Vermilion Street

General Information

Standard status
Active
Property subtype
Retail
Listing agency Coldwell Banker Commercial Devonshire Realty
Listed by Larry Kuchefski · License #IL
Source Crexi
Added: Apr 10 Updated: Jul 20 at 7:38PM Checked: Jul 21 at 10:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty


Investment Insights

Based on property information with market context.

This multi-tenant retail building offers two levels of potential. A vacant first-floor suite could be reconfigured into multiple retail shops, with each storefront opening to a spacious walkway between the front and the municipal parking area in back. The upstairs suite features large windows and high-clearance tin ceilings.

The property is centrally located in Downtown Danville’s Business/Retail District. The original façade was restored in 2005, and the building is described as having an opportunity for additional improvements.

From a layout standpoint, the first floor is suited to storefront retail arrangements oriented toward the walkway and back parking, while the upper level provides an interior volume highlighted by its high-clearance tin ceilings and natural light from the large windows.

Key Highlights

  • Multi‑tenant building in Downtown Danville’s business/retail district
  • Vacant 1st‑floor suite has potential to be divided into multiple retail shops
  • 1st‑floor suites open to a spacious walkway between the store fronts and municipal parking in back

Property Analytics

Location Intelligence

Current Use by Public Records

Alpha Omega Counseling ... Medical Clinic Custom Smoke Department Store

Suggested Use

Parking Lot & Garage Cafe & Coffee Shop Locksmith Bakery Garden Center Skin Care Clinic Butcher Acupuncture Tanning Salon Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Multi-tenant downtown retail building with vacant first-floor space and an upstairs suite with large windows.
Where is this retail space located?
The property is located at 123 North Vermilion Street Danville, IL.
What are key features of this property?
This property features: Multi‑tenant building in Downtown Danville’s business/retail district; Vacant 1st‑floor suite has potential to be divided into multiple retail shops; 1st‑floor suites open to a spacious walkway between the store fronts and municipal parking in back
Contact an agent
(217) 918-0871 Call to check price and availability
More about this property
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