Retail

Danville, IL Retail Properties & Spaces for Sale

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11 properties
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Mixed-Use Building with Event Space
Updated: Aug 31
Mixed-Use Building with Event Space

147 N Walnut Street, Danville, IL 61832

$259,900
0.28 AC lot
23,000‑square‑foot mixed‑use building on a 0.2808‑acre lot
1929 construction with brick and steel siding
Upper‑level stage and large room for concerts and dances
Multiple office areas, event spaces, and chef’s kitchen
Garage area large enough for mechanical repairs
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Turn-Key Commercial Buildings For Sale
Updated: May 16
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 commercial buildings ready for immediate business operation
One building is currently leased, providing immediate passive income
5,800 sq ft building includes all equipment for an apparel business (6‑color auto press, embroidery machines, etc.)**
1,450 sq ft building is a remodeled tanning salon (remodeled in 2020) with updated tanning beds**
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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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See what stands out in Vermilion County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
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.

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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.

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Retail Building with Two Tenants
Retail Building with Two Tenants

3546 N Vermilion St, Danville, IL 61832

Contact for pricing
3,520 sqft 0.83 AC lot

Single-tenant-occupied retail building leased to Verizon and Sport Clips under triple net arrangements.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

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Two-Unit Storefront Property
Two-Unit Storefront Property

801 E Main St, Danville, IL 61832

$59,900

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

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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.

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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.

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Two-Tenant NNN Retail Property
Two-Tenant NNN Retail Property

3655 N Vermilion St, Danville, IL 61832

Contact for pricing

Freestanding investment property leased to T-Mobile and Jersey Mike’s under newly executed long-term agreements.

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Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 11 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.

Retail Investment Property
Retail Investment Property

1608 Georgetown Rd, Tilton, IL 61833

$829,240
10,380 sqft

For sale retail property in Tilton, IL marketed at a 9.00% cap rate.

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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.

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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.

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Tilton Commercial Land For Sale
Tilton Commercial Land For Sale

10 Southgate Drive, Tilton, IL 61832

Contact for pricing
40,092 sqft

Commercial land available in Tilton, near Georgetown Rd.

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 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.

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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.

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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.

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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.

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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 19 retail properties & spaces for sale in Danville, IL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 33,620 square feet of properties for sale, with an estimated market value of $1,176,300.

Sale prices for stores in Danville, IL start at $59,900, averaging $235,260, and reaching up to $649,000 — 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

Shopping centers 12
Storefront properties 5
Drug stores 3
Auto shops 1
Automotive properties 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
61832 $384.5K

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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