Mixed-Use Downtown
146 N Vermilion St, Danville, IL 61832
Two buildings under one roof offer flexible office and retail configurations plus shared parking and storage.
Property size:
4,800 SFPrice / SF:
$25/SF- Added:
- Apr 7, 2026
- Days on Market:
- 58
- Last Refresh:
- Jun 3 at 2:14 am
Property Features for 146 N Vermilion St
General Information
- Standard status
- Active
- Size
- 4,800 SF
Listing agent Keeley Stalcup License #RB20000219 (765) 585-4606
Listing office eXp Realty (765) 585-4606
Listing date Apr 7, 2026
Source Exprealty
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HighLights
- Commercial property in Downtown Danville on Vermilion St. with two buildings under one roof totaling 4,800 sq ft
- One side features multiple office spaces, including a conference area and kitchen; the other side is used for consignment/retail sales
- New roof, plus a dry basement with lots of storage
- Public parking at the front and 2 private parking spaces at the back
- Part of the TIF district (Tax Increment Financing), which may provide assistance for reconfiguring and updating
Overview
This offering features two buildings under one roof totaling 4,800 square feet, arranged to support both office and retail-style use. One side is currently configured with multiple office spaces, including a conference area and kitchen, while the other side is being used for consignment and retail sales. The layout is adaptable, making it well suited for businesses that want to operate in one area while using the remainder for leasing or an alternative concept.
Situated in downtown Danville on Vermilion Street, the property benefits from a convenient business location. It includes public parking at the front of the building, along with two private parking spaces in the back, helping support both visitors and staff. The building also includes a new roof and a dry basement with substantial storage, which can be valuable for day-to-day operations and reconfiguration needs.
For buyers and operators, the mix of office amenities and retail-ready space provides a practical foundation for a range of small business and professional uses. The fact that the property is part of the TIF district may offer assistance for reconfiguring and updating, which can help align the space with your intended program. With the ability to keep one side active while renting the other, this is a strong fit for owners looking for flexible, income-capable space in a central setting.
Situated in downtown Danville on Vermilion Street, the property benefits from a convenient business location. It includes public parking at the front of the building, along with two private parking spaces in the back, helping support both visitors and staff. The building also includes a new roof and a dry basement with substantial storage, which can be valuable for day-to-day operations and reconfiguration needs.
For buyers and operators, the mix of office amenities and retail-ready space provides a practical foundation for a range of small business and professional uses. The fact that the property is part of the TIF district may offer assistance for reconfiguring and updating, which can help align the space with your intended program. With the ability to keep one side active while renting the other, this is a strong fit for owners looking for flexible, income-capable space in a central setting.
Location Intelligence
Current Use by Public Records
Dukes, Ryan, Freed ...
Law Firm
Dukes Ryan Meyer ...
Law Firm
Location Insight
- Map
- Local Demand
- City
- Danville
- County
- Vermilion
- State
- Illinois
- Longitude
- -87.630044
- Latitude
- 40.127903
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Two buildings under one roof offer flexible office and retail configurations plus shared parking and storage.
Where is this office units located?
The property is located at 146 N Vermilion St Danville, IL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Commercial property in Downtown Danville on Vermilion St. with two buildings under one roof totaling 4,800 sq ft; One side features multiple office spaces, including a conference area and kitchen; the other side is used for consignment/retail sales; New roof, plus a dry basement with lots of storage
