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Mixed-Use Building with Event Space
New
For Sale
$259,900

147 N Walnut St, Danville, IL 61832

Flexible commercial building with office areas, event rooms, a chef’s kitchen, and a repair-capable garage.

Property Size23,236 SF
Price / SF$11.19
Days on Market2

Property Features for 147 N Walnut St

General Information

Standard status Active
Size 23,236 SF

Additional Details

Road Access Yes

Amenities

event areas
chef's kitchen
garage area
stage

Building Details

Year Built 1929
Buildings 1
Listing Agency: RE/MAX Choice
Listed By: Joe McDaniel · License #475182942
Source: Amyboston.realtopiare
Added: Sep 5 Last Checked: Sep 5 at 3:05PM

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 RE/MAX Choice

Investment Insights

Based on property information with market context.

This mixed-use property occupies a 1929 building that previously served as a factory and automobile dealership. Interior improvements include multiple office areas, event rooms, a chef’s kitchen, and a garage suitable for mechanical repair work. The upper floor includes a large stage and an expansive room configured for concerts, dances, and other gatherings.

The building sits at the intersection of Walnut and Harrison in downtown Danville, immediately west of the historic Fischer Theater. Three public parking lots are located across the streets from the property. An exterior entrance linking both streets provides an additional access feature for the building’s varied commercial and event spaces.

Key Highlights

  • 1929 mixed‑use building with office, event, kitchen, and garage areas
  • Upper level features a large stage and room for concerts and dances
  • Garage area accommodates mechanical repair operations

Property Analytics

Current Use

Crist & Associates Auction ... Trade Show Venue

Suggested Use

Top Pick HVAC Service Nail Salon Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 61832, IL

32,878
Population
16,390
Households
2
Avg Household Size
40
Median Age
17%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
1,204
Density / Sq Mi
$45,264
Median Household Income
$37,288
Median Earnings
$805
Median Rent
$78,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible commercial building with office areas, event rooms, a chef’s kitchen, and a repair-capable garage.
Where is this mixed-use property located?
The property is located at 147 N Walnut St Danville, IL.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 1929 mixed‑use building with office, event, kitchen, and garage areas; Upper level features a large stage and room for concerts and dances; Garage area accommodates mechanical repair operations
More about this property
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