Retail

Danville, IL Retail Space for Sale

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Tilton, IL Westville, IL Georgetown, IL
6 properties
Turn-Key Commercial Buildings For Sale
Updated: May 15
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 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
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

$731,300
3,000 sqft

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

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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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Three-Suite Building in Central Danville
Three-Suite Building in Central Danville

212 W Fairchild St, Danville, IL 61832

$240,000
4,710 sqft

Three-suite building with food service potential in central Danville.

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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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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 6 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, plus 1 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.

Freestanding Retail Building in Chrisman
Freestanding Retail Building in Chrisman

22265 Il Highway 1 Road, Chrisman, IL 61924

$425,000
8,000 sqft · 1.05 AC lot

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

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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.

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Flex Space Building in Williamsport
Flex Space Building in Williamsport

200 N Monroe St, Williamsport, IN

$235,000
5,919 sqft · 0.10 AC lot

Flex space with retail, warehouse, and apartment potential.

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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

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.

Prime PUD-Zoned Land Opportunity
Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000
900 sqft · 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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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.

Vermilion St & Newell Ave
Individual retail properties

0 Vermilion St & Newell Ave, Danville, IL 61832

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

23 North St, Danville, IL 61832

Value Estimation by Request
14,000 sqft
View details

Danville, IL Retail Space Market Trends and Statistics

Explore 8 retail space for sale in Danville, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 74,776 square feet of properties for sale, with an estimated market value of $2,430,300.

Sale prices for retail space in Danville, IL start at $115,000, averaging $405,050, and reaching up to $731,300 — 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 5
Drug stores 4
Shopping centers 4
Auto shops 2
Automotive properties 2

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 $405.1K

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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