306 Fairchild St Danville, IL 61832
This exceptional 2,000 square foot retail space, ideally suited for a restaurant, becomes available Spring 2025. Located at 306 W Fairchild St, Danville, IL 61832 (APN 23-05-311-005), this single-tenant property boasts a recently remodeled interior within a larger 3,000 square foot building constructed in 1991. The space features attractive brick interior walls, an open ceiling with exposed ductwork, a fully equipped kitchen, a dedicated order counter, and two ADA-compliant restrooms. The property is zoned B3- General Business, offering flexibility for various restaurant concepts. Its prime location at the southeast corner of N. Gilbert and W. Fairchild Streets (State Route 1) benefits from a signaled intersection, ensuring high visibility and accessibility. This strategic location places the property amongst established businesses including Papa Johns, Dollar General, Walgreens, and a soon-to-open Kirshner Lumber, as well as First Financial Bank, creating a vibrant and thriving commercial environment. This is a rare opportunity to secure a well-appointed space in a high-traffic area of Danville, Illinois. Contact us today to learn more about this exciting opportunity.
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Jimmy John's Take-out & Catering Catering Service
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.