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    Danville, IL
    Retail

    Danville, IL Retail Space for Sale

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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**
    View details
    Mixed-Use Downtown Office/Retail
    Updated: Apr 7
    Mixed-Use Downtown Office/Retail

    146 N Vermilion St, Danville, IL 61832

    $120,000
    4,800 sqft
    Commercial property in Downtown Danville on Vermilion St. with two buildings under one roof totaling 4,800 sq ft
    One side features multiple office spaces, including a conference area and kitchen; the other side is used for consignment/retail sales
    New roof, plus a dry basement with lots of storage
    Public parking at the front and 2 private parking spaces at the back
    Part of the TIF district (Tax Increment Financing), which may provide assistance for reconfiguring and updating
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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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    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
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    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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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Freestanding Retail Storefront
    Freestanding Retail Storefront

    22265 Il Highway 1 Rd, Chrisman, IL 61924

    $425,000
    8,000 sqft 1.05 AC lot

    Open-plan commercial building with on-site parking and updated roof and HVAC systems for adaptable retail occupancy.

    View details
    Flex Space Building with Warehouse
    Flex Space Building with Warehouse

    200 N Monroe St, Williamsport, IN 47993

    Contact for pricing
    5,919 sqft

    Flex building offers first-floor retail plus warehouse space with a 9-foot garage door and updated electrical.

    View details
    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.

    View details
    Retail Building in Chrisman, IL
    Retail Building in Chrisman, IL

    22265 Illinois 1, Chrisman, IL 61924

    $425,000
    8,000 sqft

    8,000 SF retail building on 1.05-acre lot for sale.

    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.

    Vermilion St & Newell Ave
    Individual retail properties

    0 Vermilion St & Newell Ave, Danville, IL 61832

    Estimated value: by Request
    6.62 AC lot
    View details
    23 North St
    Individual retail properties

    23 North St, Danville, IL 61832

    Estimated value: by Request
    14,000 sqft
    View details

    Danville, IL Retail Space Market Trends and Statistics

    Explore 6 retail space for sale in Danville, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,600 square feet of properties for sale, with an estimated market value of $856,500.

    Sale prices for retail space in Danville, IL start at $87,500, averaging $285,500, 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

    Storefront properties 4
    Shopping centers 3
    Auto shops 2
    Automotive properties 2
    Drug stores 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 $285.5K

    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%

    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.

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