23 North St Danville, IL 61832
This exceptional 14,000-square-foot retail space is ideally situated at 23 W North St in the heart of Danville, Illinois, within Vermilion County. The property, identified by APN 2308113039 and zoned B4 Central Business, offers a unique opportunity for a variety of uses. The building boasts a spacious 5,000-square-foot main floor, complemented by an additional 9,000 square feet on the upper level and a full basement, providing ample room for expansion and customization. The interior features charming wooden floors and tin ceilings, adding character and potential for a stylish renovation. The versatile layout lends itself to diverse concepts, including a banquet or meeting hall, a large retail shop, loft apartments, or even a rooftop pub. The property's prime downtown location offers excellent visibility and accessibility, situated conveniently next to the Deluxe Restaurant. This single-tenant property presents a rare chance to acquire a substantial space in a vibrant and growing downtown area. The possibilities are endless for a creative and ambitious entrepreneur. The property is entirely vacant, allowing for immediate occupancy and complete design control. This is a remarkable opportunity to establish a thriving business in a desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.