Advertise
    Danville, IL
    Mixed-Use

    Danville, IL Mixed-use Properties for Sale

    Notify Me
    List
    Map
    Tilton, IL Westville, IL Georgetown, IL Alvin, IL Cayuga, IN Williamsport, IN Covington, IN Indianola, IL
    Mixed-Use Downtown Office/Retail
    Updated: Apr 7
    Mixed-Use Downtown Office/Retail

    146 N Vermilion St, Danville, IL 61832

    $120,000
    4,800 sqft
    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
    View details
    Mixed-Use Property with Income Potential
    Updated: Dec 8, 2025
    Mixed-Use Property with Income Potential

    110 N Vermilion St, Danville, IL 61832

    $149,900
    5,726 sqft 0.18 AC lot
    New roof replaced in November 2025 with a 20‑year manufacturer's warranty.
    Commercial property with two separate buildings under one roof.
    Total of 5,726 square feet of space.
    Upstairs area suitable for apartment renovation.
    One building includes a reception area, offices, and two bathrooms.
    View details
    Two-Story Brick Building in Danville
    Two-Story Brick Building in Danville

    200 N Vermilion St, Danville, IL 61832

    $525,000
    56,465 sqft

    Versatile building in Danville's business district, ready for transformation.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bar and Two Apartments Property
    Bar and Two Apartments Property

    124 East McConnell Street, Oxford, IN 47971

    $249,000
    4,800 sqft

    Two adjoining commercial buildings with an operating bar, a leased upstairs apartment, and an additional leased studio building.

    View details
    Downtown Champaign Mixed-Use Building
    Downtown Champaign Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    $1,250,000
    5,865 sqft 0.08 AC lot

    Prime mixed-use property in downtown Champaign with rental income.

    View details
    Mixed-Use Bar and Apartments
    Mixed-Use Bar and Apartments

    124 & 126 E McConnell Street, Oxford, IN 47971

    $249,000
    0.11 AC lot

    Operating bar with two leased apartments above adjoining commercial buildings in a B-1 General Commercial zone.

    View details
    1913 Historic Mixed-Use Building
    1913 Historic Mixed-Use Building

    41 E. University Avenue, Champaign, IL 61820

    $3,850,000
    0.29 AC lot

    Built in 1913 with large windows and includes off-street parking plus ground-floor retail alongside office and residential space.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Westfield Land Opportunity
    Prime Westfield Land Opportunity

    1014 E 169th St, Westfield, IN 46074

    Contact for pricing
    20.00 AC lot

    20-acre site in booming Westfield, Indiana, with high visibility.

    View details
    Commercial Development Land Package
    Commercial Development Land Package

    4460 Mann Road, Indianapolis, IN 46221

    $279,000
    3.45 AC lot

    Packaged two-parcel site totaling 3.45 acres with C-3 and D6II zoning and flat topography near I-465 connectivity.

    View details
    Residential Lots in Transformation Zone
    Residential Lots in Transformation Zone

    557 Lynn Street, Indianapolis, IN 46222

    Contact for pricing
    0.10 AC lot

    Blank-canvas parcel near downtown Indianapolis, primed for reinvestment.

    View details
    Vacant C-3 Development Lot
    Vacant C-3 Development Lot

    1417 S Meridian Street, Indianapolis, IN 46225

    $39,900
    0.12 AC lot

    Vacant lot in a C-3 zone suited for flexible development near downtown access points.

    View details

    Danville, IL Mixed-Use Properties Market Trends and Statistics

    Explore 3 mixed-use properties for sale in Danville, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 66,991 square feet of properties for sale, with an estimated market value of $794,900.

    Sale prices for multi use buildings in Danville, IL start at $120,000, averaging $264,966, and reaching up to $525,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Live-work space 1

    Demographics Overview

    Population 42K
    Population Growth (5Y) -11.4%
    Median Household Income $52,334
    College Educated 20.4%

    High-Yield Neighborhoods for Investment

    Identify Danville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61832 $322.5K

    Taxes & Financing

    Tax Rate (average for all types) 9.28%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Danville fall within the 10,000 to 25,000 square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Danville, IL

    Popular Categories

    Most Searched ZIP Codes in Danville, IL

    • 61832

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!