Professional Office Investment

SaleInvestment 4,990 +/- SF
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923 North Vermilion Street
Danville, IL 61832
Price: $688,000.00 (Previously $728,000.00)
Building Size: 4,990 +/- SF
Parking: 30+ Spaces
Zoning: P-1 Professional Office, R-2 Single Family Medium Density
Tax PIN: 23-05-204-019
Cap Rate: 9%

Property Description

This well-managed and strategically positioned commercial property, 100% leased by regional and national tenants, with additional lots that provide potential for further expansion. This is the property for investors or parties looking for stable returns and growth opportunities in the commercial real estate market.

Area Description

Located on N. Vermilion, just north of the busy Vermilion-Fairchild intersection. Located within a few blocks of this site are Danville High School, CVS, Hardee’s, Royal Donut, and several other professional offices and retail businesses.