For Sale
$324,900

212 Fairchild StDanville, IL 61832

Prime Danville storefront, three suites, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 4,710 square foot retail building situated on a prominent hard corner lot in Danville, Illinois. The property, known as Heritage Building II, features three individual suites, ideal for a variety of retail uses. One suite is equipped with a hood system, perfectly suited for a food service establishment. The building sits on a substantial 29,581.2 square foot lot and includes additional rear lots, expanding potential uses and development options. Conveniently located on Route One in the heart of Danville, this property benefits from high visibility and significant traffic, boasting an IDOT Annual Average Daily Traffic count of 14,400 vehicles. The property is zoned B-3, further enhancing its versatility and investment potential. Its location within both the Tax Increment Financing (TIF) district and the Enterprise Zone offers additional economic incentives. Twelve parking spaces are available for tenants and customers. The property's APN is 23-05-311-024, 23-05-311-021, 23-05-311-018, and 23-05-311-019. This is a rare opportunity to acquire a well-located, multi-tenant retail building in a thriving Illinois community. The asking price is $324,900.

Highlights

  • 4,710 SF retail building on a prominent Danville, IL corner lot.
  • Three individual suites, one with a hood system.
  • 29,581.2 SF lot with additional rear lots.
  • High visibility Route 1 location, 14,400 AADT.
  • B-3 zoning, TIF & Enterprise Zone incentives.
  • 12 parking spaces.

Property Details for 212 Fairchild St

Property type
Retail properties, Retail space
Square Feet
4,710 SF
Stories
1
Units
3

Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.138419280916
Longitude
-87.633805654765
212 Fairchild St, Danville, Illinois

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212 Fairchild St
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