2500 Vermilion St Danville, IL 61832
- Commercial real estate
- 0.17 lot acres
Current Use by Public Records
- Dimond Bros. Insurance Danville Branch / Life Insurance Agency / Renter'S Insurance Agency
Property Details for 2500 Vermilion St
- Lot size
- 0.17 lot acres
- Property type
- Commercial real estate
- APN
- 18-29-300-031
- APU
- 1829300031
Description
This exceptional 6,157 square foot, two-story office building presents a compelling investment opportunity in Danville, Illinois. Located on North Vermilion Street, a main north-south traffic artery, this property boasts excellent visibility and accessibility. The building features versatile office space spread across two floors, enhanced by three balconies offering outdoor space. A significant advantage is the inclusion of a spacious walk-out basement, providing additional flexibility for various uses. Furthermore, a warehouse area equipped with an 8-foot garage door and loading dock caters to efficient operations and storage needs. The property sits on a 1.17-acre lot. This building has a proven rental history, making it an attractive prospect for investors seeking a steady stream of rental income. The upscale features and desirable location combine to create a strong potential for both immediate and long-term returns. The combination of office space, basement, and warehouse functionality makes this a truly versatile commercial property. Its prime location and proven track record make this an exceptional opportunity for discerning investors. The asking price is $435,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $240,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Danville
- County
- Vermilion
- State
- Illinois
- Longitude
- -87.6308
- Latitude
- 40.1662
- CBSA code
- 19180
- CBSA name
- DANVILLE, IL METROPOLITAN STATISTICAL AREA
