For Sale
$575,000

0 Vermilion St & Newell AveDanville, IL 61832

6.62 Acres, High-Traffic Retail Site

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 6.62-acre commercial land parcel presents a remarkable investment opportunity in Danville, Illinois. Located at the intersection of North Vermilion Street and Newell Avenue, this B-3 General Business zoned property boasts unparalleled visibility and accessibility. Its strategic placement ensures high traffic volume, benefiting from its proximity to major retail anchors such as Menards and Walmart. The property's prime location within the thriving Danville Crossing shopping center places it amongst established businesses including Aaron's Rent To Own, Ryan's, Burger King, #1 Habachi Grill, Fashion Bug, and Dollar Tree, creating a synergistic environment for potential development. The expansive lot size offers significant flexibility for a variety of commercial ventures, allowing for substantial building footprints and ample parking. The property's Assessed Parcel Number (APN) is 18-17-202-005. This is a rare opportunity to acquire a highly visible and well-situated retail land parcel in a bustling commercial area with strong existing tenant occupancy. The asking price for this exceptional property is $575,000. This presents a compelling investment opportunity for developers and businesses seeking a high-traffic location in a thriving market. The property's location in Vermilion County, Illinois, and its 61832 zip code, further underscores its strategic position within a densely populated and commercially active region.

Highlights

  • 6.62-acre commercial land parcel in Danville, IL.
  • B-3 General Business zoning, high visibility at North Vermilion Street and Newell Avenue intersection.
  • High traffic volume, near Menards and Walmart, within Danville Crossing shopping center.
  • $575,000 asking price.
  • APN 18-17-202-005.

Property Details for 0 Vermilion St & Newell Ave

Property type
Retail properties, Land
Lot Size (sq. ft)
288,367 SF

Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.1660612
Longitude
-87.6305981
Vermilion St & Newell Ave, Danville, Illinois

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0 Vermilion St & Newell Ave
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