Property summary
This exceptional 3,060 square foot office building, located at 2806 N Vermillion Street in the heart of Danville, Illinois, presents a rare investment opportunity. Previously occupied by a bank, the property boasts a rich history and undeniable curb appeal, perfectly blending classic architectural details with the potential for contemporary updates. The spacious interior layout offers significant flexibility for a variety of uses, making it ideal for both retail and office tenants. A secure vault remains a unique feature, offering potential for specialized storage or secure office space. Ample parking is available on the 0.86-acre lot, ensuring convenient access for employees and customers. The building's prime location in a high-traffic area of downtown Danville guarantees excellent visibility and accessibility, attracting significant foot and vehicle traffic. This property offers a compelling combination of historical significance, modern functionality, and a highly desirable location, representing a strong return on investment for the discerning buyer. The asking price is $349,000. Don't miss this chance to own a piece of Danville's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight