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Danville, IL

Retail

Danville, IL Retail Properties & Spaces for Sale

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Tilton, IL Westville, IL Oakwood, IL Catlin, IL Perrysville, IN Georgetown, IL Covington, IN Williamsport, IN

10 properties

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Mixed-Use Building with Garage

Updated: Aug 31

Mixed-Use Building with Garage

147 N Walnut Street, Danville, IL 61832

$259,900

0.28 AC lot

23,000‑square‑foot mixed‑use property on a 0.2808‑acre lot
Garage area accommodates mechanical repairs
Upper level includes a stage and large event room
Office areas, event spaces, and a chef’s kitchen
Corner location at Walnut and Harrison streets in downtown Danville

Multi-Tenant Strip Center

Updated: Oct 19

Multi-Tenant Strip Center

22 W Newell Rd, Danville, IL 61834

$750,000

27,050 sqft 4.18 AC lot

27,050 SF retail center on 4.18 acres, built in 2002
60% occupied, with 10,940 SF available for lease
155 parking spaces
Adjacent to Walmart Supercenter and Menards, which draw 2.7 million annual visitors combined
Just off the Route 136 exit and entrance ramp; 13,400 vehicles pass daily

Turn-Key Commercial Buildings For Sale

Turn-Key Commercial Buildings For Sale

2412 Georgetown Road, Danville, IL 61832

$649,000

5,800 sqft 2.82 AC lot

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

See hot listings in Danville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Mixed-Use Building with Event Space

Mixed-Use Building with Event Space

147 N Walnut St, Danville, IL 61832

$259,900

23,236 sqft

Flexible commercial building with office areas, event rooms, a chef’s kitchen, and a repair-capable garage.

Drive-Through Restaurant Building

Drive-Through Restaurant Building

2201 E MAIN ST, Danville, IL 61832

Contact for pricing

3,000 sqft

Configured for food service with a kitchen, customer seating, storefront parking, and B-2 Highway Business zoning.

Two-Tenant Retail Investment Opportunity

Two-Tenant Retail Investment Opportunity

302 W Fairchild St, Danville, IL 61832

Contact for pricing

3,000 sqft

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

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Office Building with Front Lobby

Office Building with Front Lobby

702 N Gilbert St, Danville, IL 61832

$49,900

Finished front areas support office use, while unfinished rear and side sections allow for customized improvements.

Retail Storefront with Storage

Retail Storefront with Storage

45 N Vermilion St, Danville, IL 61832

$87,500

Open retail area with rear storage and a recently applied spray-on roof.

Two-Unit Storefront Property

Two-Unit Storefront Property

801 E Main St, Danville, IL 61832

$39,900

Separate electric meters serve the two configured units, with parking and an additional rear lot.

Stand-Alone Retail Building For Sale

Stand-Alone Retail Building For Sale

842 E Main St, Danville, IL 61832

Contact for pricing

13,500 sqft

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

Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 10 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.

Mixed-Use Building with Garage

Mixed-Use Building with Garage

210 3rd St, Covington, IN 47932

$150,000

2,387 sqft

Two month-to-month tenants occupy separately configured spaces, with the option to retain the division or reunite the interior.

Storefront Property

Storefront Property

114 N Monroe St, Williamsport, IN 47993

$164,900

6,440 sqft

Storefront property located on N Monroe Street in Williamsport.

Single-Tenant Bank Building

Single-Tenant Bank Building

401 Washington St, Covington, IN 47932

Contact for pricing

6,364 sqft

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

Flex Space Building in Williamsport

Flex Space Building in Williamsport

200 N Monroe St, Williamsport, IN

Contact for pricing

5,919 sqft 0.10 AC lot

Flex space with retail, warehouse, and apartment potential.

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 Commercial Land

C-2 Commercial Land

575 S Williamsport Lot 2 Road, Williamsport, IN 47993

$129,000

2.00 AC lot

Commercial land with C-2 zoning and seller-supported build-to-suit capability.

C-2 Commercial Land

C-2 Commercial Land

575 S Williamsport Lot 1 Road, Williamsport, IN 47993

$129,000

2.00 AC lot

Commercial land with build-to-suit capability under C-2 zoning.

Commercial Land with Build-to-Suit Option

Commercial Land with Build-to-Suit Option

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

$129,000

2.00 AC lot

C-2 zoning supports commercial development, with seller-provided build-to-suit construction available.

Agricultural Land with Commercial Parcel

Agricultural Land with Commercial Parcel

1644 E Grove Avenue, Rantoul, IL 61866

$61,750

0.91 AC lot

Two connected parcels offer commercial and agricultural zoning with access via a street easement.

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

Estimated value: by Request

35,000 sqft

610 Gilbert St

Retail properties & Spaces

610 Gilbert St, Danville, IL 61832

Estimated value: by Request

8,133 sqft

22 Newell Rd

Lifestyle centers

22 Newell Rd, Danville, IL 61834

Estimated value: by Request

1.08 AC lot

306 Fairchild St

Restaurants

306 Fairchild St, Danville, IL 61832

Estimated value: by Request

3,000 sqft

401 Franklin St

Individual retail properties

401 Franklin St, Danville, IL 61832

Estimated value: by Request

28,312 sqft 1.13 AC lot

Vermilion St & Newell Ave

Individual retail properties

0 Vermilion St & Newell Ave, Danville, IL 61832

Estimated value: by Request

6.62 AC lot

23 North St

Individual retail properties

23 North St, Danville, IL 61832

Estimated value: by Request

14,000 sqft

Southgate Dr

Land

0 Southgate Dr, Danville, IL 61834

Estimated value: by Request

32.00 AC lot

Danville, IL Retail Properties & Spaces Market Trends and Statistics

Explore 18 retail properties & spaces for sale in Danville, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 75,586 square feet of properties for sale, with an estimated market value of $2,096,100.

Sale prices for stores in Danville, IL start at $39,900, averaging $299,442, and reaching up to $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

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
61832	$212.3K

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%

Listings Trend

New vs delisted commercial listings in Vermilion County

New Delisted

Property Size Breakdown

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

How Realmo verifies these figures

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