3217 Vermilion StDanville, IL 61832

  • Other commercial real estate
  • 1.42 AC
For Lease

Property Details for 3217 Vermilion St

Lot size
1.42 AC
Property type
Other commercial real estate
APN
18-20-400-022
APU
1820400022

Description

This 8,565-square-foot former Red Lobster restaurant presents a unique investment or lease opportunity in Danville, Illinois. Situated on a 1.42-acre lot, this single-story building boasts 86 parking spaces and excellent visibility from US Highway 136. Built in 1991, the property is well-maintained and features nearly all fixtures, furniture, and equipment (FF&E). Its B3 - General Business zoning allows for diverse uses, including potential subdivision for multiple tenants. The property's location within Danville's primary retail area ensures high traffic and visibility, making it an ideal location for a variety of businesses. The ample parking and convenient highway access further enhance its appeal. The property's address is 3217 N Vermilion St, Danville, IL 61832, with the APN being 18-20-400-022 in Vermilion County. This versatile space offers significant potential for a savvy investor or operator seeking a prime location in a thriving market. The entire 8,565 square feet is currently vacant.

3217 Vermilion St, Danville, Illinois
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Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.1764
Longitude
-87.6295
CBSA code
19180
CBSA name
DANVILLE, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$35,529
$118,276
$265,768
$384,044
-
$354,828
$797,304
$1,152,132

FAQs

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