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    Danville, IL
    Retail

    Danville, IL Retail Properties & Spaces for Sale

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    Stand-Alone Retail Building For Sale
    Updated: Jan 26
    Stand-Alone Retail Building For Sale

    842 E Main, Danville, IL 61832

    $1,500,000
    13,500 sqft
    Located on a signaled hard corner along Danville’s main east‑west corridor.
    Stand‑alone retail building.
    Custom built for Walgreens.
    Includes a covered pharmacy drive‑through.
    Close proximity (3/4 mile) to Interstate 74 access.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    842 E Main, Danville, IL 61832

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $136K
      Annual

    • Mortgage

      $1.6M
      Jul 2018

    • Last Sold

      Oct 2014
      $2.58M
    View Property Analytics
    Established Bar & Grill Opportunity
    Updated: Dec 13, 2023
    Established Bar & Grill Opportunity

    3124 Perrysville Road, Danville, IL 61834

    $599,900
    0.50 AC lot
    Established bar & grill business opportunity.
    Includes over 100 seats.
    Equipped with essential equipment: 3 chest freezers, ice machine, 2 walk‑in coolers.
    New HVAC (2022).
    New roof (2023).
    View details
    Turn-Key Commercial Buildings For Sale
    Turn-Key Commercial Buildings For Sale

    2412 Georgetown Road, Danville, IL 61832

    $699,000
    5,800 sqft 2.82 AC lot

    2.82-acre property with three commercial buildings, two turn-key.

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    Mixed-Use Downtown Office/Retail
    Mixed-Use Downtown Office/Retail

    146 N Vermilion St, Danville, IL 61832

    $120,000
    4,800 sqft

    Two buildings under one roof offer flexible office and retail configurations plus shared parking and storage.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Two-Tenant Retail Investment Opportunity
    Two-Tenant Retail Investment Opportunity

    302 W Fairchild St, Danville, IL 61832

    $710,400
    3,000 sqft

    Fully occupied retail property with long-term leases and built-in rent growth.

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    Flexible Warehouse and Showroom
    Flexible Warehouse and Showroom

    533 E Main St, Danville, IL 61832

    $69,900
    7,000 sqft

    Flex building with front open showroom/retail space, offices and restrooms, plus rear warehouse with two drive-through doors.

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    Five-Storefront Retail and Office Building
    Five-Storefront Retail and Office Building

    810 N Vermilion St, Danville, IL 61832

    $169,900
    8,100 sqft

    Large multi-unit building with five storefronts and independent functionality, with recent exterior and mechanical upgrades.

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    Restaurant with Banquet Room For Sale
    Restaurant with Banquet Room For Sale

    3605 N Vermilion St, Danville, IL

    $545,000
    10,000 sqft 1.85 AC lot

    Restaurant with lower level banquet room and seasonal seating.

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    Retail Building on East/West Corridor
    Retail Building on East/West Corridor

    1232 E. Main St, Danville, IL 61832

    $115,000
    1 sqft

    Retail building with high traffic and excellent visibility.

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    Vacant Retail Building at Intersection
    Vacant Retail Building at Intersection

    1232 E Main St, Danville, IL 61832

    $115,000
    1,760 sqft

    Vacant retail building positioned on a signalized intersection with excellent ingress/egress and visibility.

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    Former Bank Building on Vermilion
    Former Bank Building on Vermilion

    2806 N Vermilion St, Danville, IL 61832

    $239,000
    0.86 AC lot

    Former bank building with high visibility and ample parking.

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    Stand-Alone Retail Building For Sale
    Stand-Alone Retail Building For Sale

    842 E Main St, Danville, IL 61832

    $1,600,000
    13,500 sqft

    13,500 SF stand-alone retail building on Danville's main corridor.

    View details
    Danville Mixed-Use Center For Sale
    Danville Mixed-Use Center For Sale

    610 N Gilbert St, Danville, IL 61832

    $1,750,000
    8,133 sqft

    Value-add mixed-use center in Danville with diverse tenant mix.

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    Two-Story Brick Building in Danville
    Two-Story Brick Building in Danville

    200 N Vermilion St, Danville, IL 61832

    $525,000
    56,465 sqft

    Versatile building in Danville's business district, ready for transformation.

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    Downtown Multi-Tenant Retail Building
    Downtown Multi-Tenant Retail Building

    123 North Vermilion Street, Danville, IL 61832

    Contact for pricing

    Multi-tenant downtown retail building with vacant first-floor space and an upstairs suite with large windows.

    View details
    Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 15 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    NNN Leased Dollar General Store
    NNN Leased Dollar General Store

    421 Jefferson St, Covington, IN 47932

    $825,000
    8,000 sqft

    Long-term NNN leased Dollar General in downtown Covington, Indiana.

    View details
    Single-Tenant Bank Building
    Single-Tenant Bank Building

    401 Washington St, Covington, IN 47932

    $2,297,000
    6,364 sqft

    Single-tenant bank with a lease running until 2029 and multiple five-year renewal options.

    View details
    Flex Space Building with Garage Door
    Flex Space Building with Garage Door

    200 N Monroe Street, Williamsport, IN 47993

    Contact for pricing
    5,919 sqft

    Mixed-use layout includes first-floor retail and warehouse space with a 9-foot garage door and a flexible second-floor plan.

    View details
    High-Visibility Retail Building
    High-Visibility Retail Building

    500 28 Highway, Williamsport, IN 47993

    $399,000
    1.11 AC lot

    Vacant retail property formerly operated as a grocery store, featuring an open layout and detached garage for added flexibility.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    C-2 Zoned Commercial Land Site
    C-2 Zoned Commercial Land Site

    575 S Williamsport Lot 2 Road, Williamsport, IN 47993

    $129,000
    2.00 AC lot

    Zoned C-2 and sized for flexible commercial use, with seller support for build-to-suit development.

    View details
    Commercial Land Zoned C-2
    Commercial Land Zoned C-2

    575 S Williamsport Lot 1 Road, Williamsport, IN 47993

    $129,000
    2.00 AC lot

    Two-acre commercial parcel zoned C-2, with seller flexibility for build-to-suit development.

    View details
    Zoned C-2 Commercial Land
    Zoned C-2 Commercial Land

    500 S US Hwy 41 Lot 3, Williamsport, IN 47993

    $129,000
    2.00 AC lot

    Approximately 2 acres zoned C-2, offering flexibility for commercial development with build-to-suit support from the seller.

    View details
    Commercial Land Near Main Street
    Commercial Land Near Main Street

    413 W Main Street, Sidney, IL 61877

    $30,000
    0.91 AC lot

    0.91 acre commercial lot with endless opportunities in Sidney, IL.

    View details

    Off-Market Properties in Danville, IL

    Consider similar Off-Market properties in Danville, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1507 Bowman Ave
    Retail properties & Spaces

    1507 Bowman Ave, Danville, IL 61832

    Value Estimation by Request
    35,000 sqft
    View details
    610 Gilbert St
    Retail properties & Spaces

    610 Gilbert St, Danville, IL 61832

    Value Estimation by Request
    8,133 sqft
    View details
    22 Newell Rd
    Lifestyle centers

    22 Newell Rd, Danville, IL 61834

    Value Estimation by Request
    1.08 AC lot
    View details
    306 Fairchild St
    Restaurants

    306 Fairchild St, Danville, IL 61832

    Value Estimation by Request
    3,000 sqft
    View details
    401 Franklin St
    Individual retail properties

    401 Franklin St, Danville, IL 61832

    Value Estimation by Request
    28,312 sqft 1.13 AC lot
    View details
    Vermilion St & Newell Ave
    Individual retail properties

    0 Vermilion St & Newell Ave, Danville, IL 61832

    Value Estimation by Request
    6.62 AC lot
    View details
    23 North St
    Individual retail properties

    23 North St, Danville, IL 61832

    Value Estimation by Request
    14,000 sqft
    View details
    Southgate Dr
    Land

    0 Southgate Dr, Danville, IL 61834

    Value Estimation by Request
    32.00 AC lot
    View details

    Danville, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 23 retail properties & spaces for sale in Danville, IL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 132,059 square feet of properties for sale, with an estimated market value of $7,919,200.

    Sale prices for stores in Danville, IL start at $69,900, averaging $659,933, and reaching up to $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drug stores 5
    Storefront properties 5
    Shopping centers 3
    Showrooms 2
    Banks 1

    Demographics Overview

    Population 42K
    Population Growth (5Y) -11.4%
    Median Household Income $52,334
    College Educated 20.4%

    High-Yield Neighborhoods for Investment

    Identify Danville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61834 $599.9K
    61832 $985.4K

    Taxes & Financing

    Tax Rate (average for all types) 9.28%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Danville fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Danville, IL

    • 61832
    • 61834

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