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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

23 North St Danville, IL 61832

14,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 14,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Golden Insurance Services IL Insurance Agency
  • Taylor's Trends Boutique Clothing & Fashion Store
  • Usagimen (Bike/Boat/Book/etc) Store
  • Health Claim Services Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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